Although you may think that investing in a standard homeowners insurance policy will provide protection from any peril, there are some situations that it does not cover. Before you assume that you are protected from anything, make sure to consider these unfortunate situations that are not covered.
- Trampoline injuries. You will need to invest in a separate insurance policy to protect you from any injuries that occur on a trampoline in your yard. Many companies also require you to follow strict guidelines of installing safety features on your trampoline, such as a safety gate.
- Injuries or deaths from a pool. Pools are considered an attractive nuisance and require more liability to be purchased, or an umbrella policy, to provide the coverage needed.
- Aggressive dog attacks. Although insurance companies differ on their insurance coverage for dog bites, many companies have restrictions on the type of breed that they will insure.
- Earthquakes. The only way to protect your home and belongings from an earthquake is to invest in a separate earthquake policy.
- Destroyed or stolen cash. Typical homeowners insurance policies will only cover up to $1,000 in cash if it is destroyed or stolen, since it is hard to prove just how much cash you had stolen or destroyed.
- Mold. There are different mold rider coverage options that are available to add onto your homeowners insurance policy to ensure that you are covered in case of damage to your home that is caused by mold.
- Fine art, jewelry, or rare collectibles. Typical homeowners insurance policies have limits on the amount that they will cover, which is why the high price of your collectibles will probably not be covered. Purchasing a separate insurance rider to cover your valuables is the best way to ensure that they are covered.
For all of your homeowners insurance needs throughout California,
contact Cook, Disharoon & Greathouse.
