What Is Not Covered under Home Insurance?

Home insurance in Okeechobee, FL covers many things, but there are certain things that aren’t covered. If you are worried about your coverage under your home insurance policy, an agent at Pritchards and Associates Inc. can help you find the right option.

Mold: A standard home insurance policy will limit mold coverage or completely exclude it. The best way to deal with mold is to prevent it in the first place, and if you have a leak or flooding to get rid of the moisture as fast as possible.

Sewer Backup: If the sewer backs up in your home, it can do a lot of damage, but it’s typically not covered. You can get extra insurance to cover this.

Floods: Many times, homeowners think floods are covered but instead you need a separate flood insurance policy.

Construction Work Damage: When you are renovating your home, your policy won’t cover any damage that is done to the home. You can get a separate policy to cover damage and your contractor should be licensed and have liability insurance.

Fine Art and Jewelry: There will be a limit on how much coverage there is for personal belongings, and jewelry and fine art can exceed these limits. The way to protect these things is with a separate rider that specifies exactly the coverage.

Destroyed or Stolen Cash: It’s hard to prove that you had cash stashed away in the home if the home was destroyed or the cash was stolen. Keep it in a safe place in order to protect it.

Termite Infestation: Termites can cause a lot of damage, but your home insurance won’t pay for it. A licensed pest control company should inspect your home to avoid this problem.

Contact Pritchards and Associates Inc. serving Okeechobee, FL, to get a quote on home insurance.