Are There Gaps In Your Home Insurance?

Watch out for these common coverage gaps in your homeowners insurance.Are There Gaps In Your Home Insurance?

While many homeowners assume that their insurance covers them for every emergency, this isn’t always the case.  In fact, there are many situations in which your home insurance might not offer the coverage that you need.  If you want to make sure that you have all the coverage you need, watch out for these gaps in your homeowners insurance.

1) Your Pet

While you know that your dog is the sweetest creature on the planet, your home insurance agency might not feel the same.  In fact, many insurers refuse to cover certain, “dangerous” breeds of dogs.  Make sure you review your policy and check to see if your furry friend is covered.  If they are not, you might have to get a separate policy to ensure that you are covered for any pet-related liability issues.

2) Your Business

If you are running a business out of your home, then a standard homeowners insurance policy won’t cover certain aspects of your business.  You will probably need to get a policy rider or a completely new policy to protect the supplies, equipment, inventory, employees, and customers associated with your business.

3) Certain Natural Disasters

While your standard homeowners policy will cover the damage caused by most extreme weather events, it doesn’t provide coverage for certain natural disasters.  For instance, you will need a separate policy to protect against the damages caused by earthquakes and flooding.  If you live in an area prone to these hazards, make sure you have the appropriate policies to address your risks.

Make sure you have all the coverage you need by watching out for these coverage gaps.  If you have more questions regarding your homeowners insurance, don’t hesitate to contact us at ISU-Wissink Insurance in Culver City, California.  Our dedicated professionals are ready to assist you with all your insurance needs.