Understanding the limits of your homeowners insurance coverage.
Homeowners insurance is designed to cover sudden, unexpected perils. This is why most people think about home insurance in regards to emergency events such as storms and fires. However, what happens if your home sustains damage without some external catalyst? Here’s what your policy will and will not cover when it comes to common types of internal home damages.
- Water Damage
Your home insurance may offer coverage for water damage, depending on how the damage occurred. For instance, if water damage is the result of an unforeseen issue, such as a burst pipe, then your policy will likely offer coverage. If water damage is caused by a faulty appliance, then your policy will probably cover the damage, but will not pay to repair or replace the appliance. Water damage caused by neglect or gradual issues will not be covered by your insurance.
- Pet Damage
Typically, your homeowners insurance will not cover any damage that your pet has caused to your home or personal belongings. Most standard home policies specifically exclude coverage for damages caused by pets or domestic animals. However, the personal liability portion of your home insurance will offer coverage for the damage or injuries that your pet causes to a third-party.
- Infestation Damage
If your home sustains damage due to a rodent or insect infestation, then your homeowners insurance will probably not offer coverage. This is because infestations are considered a result of the homeowner’s negligence. So, if your home or belongings are damaged by pests, then this cost will come out of your own pocket.
This is what your home insurance will cover when it comes to common types of internal damage events. Do you have additional questions about your homeowners insurance? If so, then contact the experts at Pierce Insurance Group. Our dedicated team is ready to assist you with all your coverage needs today.