8 Facts About Homeowner’s Insurance

When you are looking for homeowner’s insurance, there are a few things that you should know. It’s not just protecting your home from fire, lightning, and floods. You might also need to consider other issues, such as pet bites, vandalism, and water damage.

Water Damage

Water damage is one of the most common reasons homeowners file an insurance claim. While it may seem like a small problem, water damage can be devastating. It can ruin personal property and the structural integrity of a home. This is why it’s crucial to take action as soon as possible. Most homeowners’ insurance policies cover some types of water damage. However, it’s important to read your policy carefully. You might be surprised to learn that you’ll need a separate flood insurance policy for flooding caused by a natural disaster.

Fire

Fire insurance is one type of coverage included in most homeowners insurance policies. The insurance will cover damages to your house, including water damage, smoke damage and fire. You may be able to increase the limits on your policy to protect your belongings better. Most policies just like in homeowners insurance Newark, DE, also provide coverage against fires caused by lightning or grease fires. Some policies include coverage against other hazards, such as earthquakes. Standard fire insurance policies are generally effective for a year, but you can renew your policy. You’ll need to file a claim for reimbursement if your home is destroyed.

Lightning Strikes

Lightning strikes can cause damage to your home. When you buy homeowner’s insurance, you can be sure that your house is protected. This includes damage caused by lightning, fires and more. But it’s important to remember that lightning is not the only type of damage. If you live in an area prone to lightning, you should also consider purchasing a surge protector. The most common kind of lightning-related claim is a ground surge. A ground surge occurs when a lightning strike causes a spike in electricity. This may result from maintenance work by a utility company or faulty wiring.

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Windstorms

Windstorms can cause damage to your home, and most homeowners’ insurance policies will pay for it. However, it’s important to understand the coverage and how to get it. Windstorms, tornadoes, and hailstorms can destroy your property. You should check with your agent to ensure you have the coverage you need. Knowing whether your homeowners’ insurance policy covers flooding is also wise. Most homeowners’ insurance policies will include windstorm and hailstorm damage as part of the standard coverage. There are also specialty insurers that offer this type of coverage.

Hail

Hail damage to a home can be an expensive proposition. While hailstorms are not common in the United States, they can cause significant damage. Fortunately, standard home insurance can help cover these costs.

A homeowners insurance policy will cover the costs of replacing damaged roof shingles and siding. The company will also pay for damages caused by wind, including interior damage to your home. Depending on your policy, your deductible may be in the thousands.

Plane Crashes

A good homeowner’s insurance policy will cover you in a pinch, but you may also want to consider other options. For example, your neighbors’ car insurance may be just as good a cover for your possessions. Alternatively, you can find a company with air crash liability insurance. It’s no secret that many pilots and aviation buffs are prone to putting their careers and lives on the line when flying a plane or to a destination.

Gravestone Vandalism

Gravestone vandalism has plagued cemetery keepers for centuries. The good news is that there are several ways to mitigate this type of crime. In particular, a homeowners insurance policy can help protect your loved ones buried beneath your gravestones from the nefarious elements of nature. There is a caveat, however; not all homeowner’s insurance policies will cover the same types of damage. Read the fine print if you have a standard homeowner’s insurance policy. For example, if you buy a home in a cemetery, you’ll want to know whether or not you’re entitled to any special cemetery coverage.

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Pet Bites

If you own a dog, you should know that some homeowners insurance policies may not cover injuries and damages resulting from a bite. This can be especially problematic if you have a dog known to be aggressive or has a history of biting. Fortunately, there are several ways to ensure you can get the coverage you need. The first is to take the time to learn about your insurance options.