Review where your Batavia, IL homeowners insurance policy has gaps.
During your annual review of your homeowners insurance, you’ve probably run through your coverage, satisfied with what you’ve maintained throughout the years. But, have you ever reviewed what is not covered?
When you take a look at what your homeowners insurance is missing, you may reevaluate your coverage that you once thought had you prepared for all circumstances.
Take a look at the top 5 situations which a typical homeowners insurance policy won’t cover:
Rarely does any home insurance policy cover this! Part of this is due to the fact that no location is safe from flood damage. Whether or not you reside on a flood plain, flood insurance is the only protection that you can acquire that will aim in home rebuilding, belonging replacing, and additional living expenses.
Earthquakes and floodings are usually in the same boat: homeowners insurance doesn’t cover them. Earthquake insurance can be acquired separately. If you don’t live near a major fault line, rates tend to be more affordable. If you’re in an earthquake-prone area, costs may be higher but coverage will be essential!
The luxury of a pool comes with an increased liability risk and high repair cost. Pool-related injuries have increased so much so, that insurers have opted to eradicate coverage altogether. For insurance for your pool, talk to an insurance agent.
These pesky insects cause an average of $5 billion worth of damage a year across the nation! Keep a constant eye out for wood damage and keep a pest removal service on hand as homeowners insurances tend to provide no coverage.
Whilst reviewing your homeowners insurance coverage, make the switch to Insurance and Mortgage Services in Batavia, Illinois. As an independent insurance agency, we find the most suitable policy for your home and wallet! Contact us today!