Homeowners insurance covers you for many disasters, but which ones specifically, and which ones does it not cover?
The standard homeowners insurance policy covers a diverse and wide range of disasters. Everything you need to know is inside of your home insurance policy, but the language can be a bit arduous to decipher. If this is the case, you can talk to your insurance agent and get a clear understanding of what is and is not covered. To get a broad idea of what is covered by the general homeowners insurance policy, we have a made a handy guide for you.
Disasters That Are Covered by Homeowners Insurance
(*The following disasters are covered by all HO- policies unless otherwise indicated.)
- Windstorm or hail
- Fire or lightning
- Damage caused by an aircraft
- Volcanic eruption
- Vandalism or malicious mischief
- Damage caused by vehicles
- Smoke damage
- Riot or civil commotion
- Accidental discharge or overflow of water from within the plumbing, heating, air conditioning, or automatic fire-protection sprinkler system (HO-2 – HO-6)
- Freezing of plumbing, heating, air conditioning, or automatic fire-protection sprinkler system (HO-2 – HO-6)
- Accidental cracking, tearing, bulging, or burning of plumbing, heating, air conditioning, or automatic fire-protection sprinkler system (HO-2 – HO-6)
- Falling object (HO-2 – HO-6)
- Sheer weight of accumulated ice, snow, or sleet (HO-2 – HO-6)
Disasters That Are NOT Covered
- Floods –Flood damage is not covered under your home insurance, but you can purchase a separate flood insurance. You are either high-risk or low-risk and your premium is based on where you live.
- Earthquakes – Earthquake damage can be covered by purchasing earthquake insurance and is based on the risk of earthquake potential.
- Maintenance Damage – It is your responsibility to make sure that all your systems work correctly. Your negligence towards your equipment will not be covered.