Month: November 2022

Your home insurance is such a lifesaver. It covers you and your home structure when perils strike. It also protects your loved ones and pets when they cause property damage or bodily injury to others. Unfortunately, your home insurance isn’t perfect — it has exclusions, like most insurance policies. Carminucci Agency in Croton Falls, NY, shares common risks not covered by standard home insurance.

Home Insurance Exclusions

Flood damage

While floods can strike anywhere and anytime in America, the sad bit is that typical home insurance doesn’t cover flooding. The good news is that you can protect your home against flood damage by investing in flood insurance from the NFIP.

Earthquakes

Has your home been damaged by sinkholes, landslides, or earth movements? Your typical home insurance won’t cover the damage. However, you can purchase earthquake insurance to protect your home from damage arising from earthquakes.

Pest or mold infestation

Home insurance isn’t likely to cover any maintenance-related issues, including damage caused by pests or mold infestation. The good news is that you can prevent such damage by properly maintaining your home.

Home-based business

Home insurance covers your home structure and the contents inside it. Unfortunately, home insurance won’t cover liability claims arising from your business. Besides, you enjoy limited protection for your business property. The good thing is that you can optimally cover your home-based business with commercial insurance.

Sewer back-ups

While sewer backs are common, the unfortunate thing is that typical insurance doesn’t cover the resulting damage. Sewer backups occur when the sewer lines malfunction or become clogged. Whatever the cause of the sewer backup, it can cause serious damage to your house. Luckily, you can cushion yourself from sewer backup damage by purchasing special insurance.

Contact Us Today

Would you like to learn more about home insurance? If you are in Croton Falls, NY, please get in touch with Carminucci Agency.