Property Protection: 4 Aspects Of Home Insurance You Don’t Want To Miss

Home insurance isn’t only a legal requirement in most states, but it is also your first line of defense against some of the most common accidents, injuries, and natural disasters. Without the proper coverage, you might find yourself struggling with exorbitant medical bills, repair costs, fines, and legal fees. Those are a few of the reasons why all homeowners should take a closer look at their insurance policies to make sure they have the proper riders and add-ons.

Theft And Vandalism

The vast majority of basic home insurance policies cover at least some of the expenses associated with theft and vandalism, but they are rarely enough to cover the true value of your possessions. This type of rider is especially important if you keep any particularly valuable items on your property such as high-end technology, firearms, jewelry, or paintings. Each of those items might need to be individually added to your home insurance in order to be completely covered.

Water Damage Restoration

Many homeowners don’t realize that water damage isn’t covered until it is too late. From a damaged sewer line to a slab leak, these issues are extremely expensive to deal with on your own. That is one of the reasons why people often include insurance riders that cover the repairs as well as the water damage restoration services, like those offered by First General Services. When this type of damage isn’t taken care of immediately, it can create secondary health hazards such as mold and mildew.

Accidental Damage

This type of rider will essentially cover any form of damage that could have been avoided. It is especially popular among families with younger children. If they happen to flush an item down the toilet and it clogs the pipes, then your accidental damage rider should cover some or all of the expenses. It is also a good idea for those who live in older homes to consider accidental damage coverage. Most accidental damage riders cover gradual deterioration and defective workmanship.

Natural Catastrophes

Every insurance policy is slightly different, and that is why you should spend some time going over your home insurance to see which natural catastrophes are covered. These riders are very personalized, and every home in your town might need slightly different coverage. Most basic policies cover some damage from hail and tornadoes, but they rarely cover earthquakes, landslides, and sinkholes.

When it comes to insuring your property, these few add-ons are only the beginning. As a homeowner, you must work with an experienced and local insurance agent who can help you come up with a personalized policy that is affordable and inclusive.