5 Things Standard Home Insurance Doesn't Cover

If you own your home and pay your insurance premiums, you may be under the impression that your insurance company will cover it if anything happens to it. 

Unfortunately, this isn't always the case. In contrast, home insurance can cover damage from fires, floods, hurricanes, and other events typically considered part of normal life. 

There are still things that fall outside of typical coverage. Below are five examples of items not covered by home insurance policies.

1. Normal Wear And Tear
   While it might be obvious, insurance doesn't cover normal wear and tear. This applies to small and large things in your home; damage from regular use is not covered. 
   
   Don't expect any compensation for that worn-out dishwasher or frayed carpet caused by years of family traffic. 
   
   
2. Massive Damage
   Suppose your home has been severely damaged in a natural disaster such as a flood or earthquake. In that case, it's important to know that standard homeowners insurance will not pay for any expenses related to repairing your home.
   
   
3. Very Expensive Jewelry
   Many insurance policies won't cover jewelry worth more than a certain amount. It's generally a good idea to keep expensive jewelry in a safety deposit box or another location.
   
   
4. Earth Movement
   An earthquake can shake your house to pieces, and a standard home insurance policy does not cover it. 
   
   You may have homeowner's coverage, but if you don't live in an earthquake-prone area, chances are it isn't included. 
   
   Consider adding to your policy to get additional protection from earthquakes and other natural disasters that can damage or destroy your home. 
   
   
5. Nuclear Hazards
   Your standard policy won't cover any nuclear hazards as with any home. Since most of us don't live next to a nuclear power plant, though, you may not have to worry about it. 

The Bottomline
Knowing the entailments of your Home insurance policy can protect you from a financial disaster. It is important to understand that home insurance doesn't cover everything, many things are not included in the standard home insurance policy, and it's good to know what they are and how much each type will cost you.

At Arnold Insurance Agency, we put our clients first by offering them affordable policies. Having insurance is a necessity nowadays, and we're here to help you out. Learn more about our products and services by calling our agency at (318) 965-5953. You can also request a free quote by CLICKING HERE. Coverage discussed in this article is not guaranteed. Please contact our agents today to ensure that your needs are being met and learn more about your policy. We are happy to help!