What Doesn't Homeowners' Insurance Cover?

​Having your own homeowner's insurance is deemed to be a good thing. However, it is still in your best interest to know clearly what its terms and conditions do not cover in those policies.

Here is everything you need to know to be prepared for what will not be included in your insurance coverage.

Understanding What Homeowners Insurance Is
To make you understand better, your insurance policy is a backup plan for you to be covered in case you need to repair or replace your home and whatever is in it. Here are some of the terms in a basic insurance policy that is usually covered when it is damaged or stolen:

• Systems in the property like heating or cooling
• Kitchen Appliances
• Clothing and furniture
• Damages from fire, smoke, or vandalism

What Won't Be Covered In Your Insurance Policy
Just because you have a full pledged insurance policy active does not mean it will cover everything on your property or your belongings.

Here is a helpful reminder so you can be aware of what limitations your homeowner's insurance may not be able to cover once you apply for one:

Flood Damage
Because some technicalities need to be understood, insurance policies do not immediately cover flood damage. If it is not surface water that came from outside your home, it may not be covered.

Sinkhole/Earthquake Damage
When damages occur due to earthquakes or the presence of sinkholes, they may not be covered, unfortunately. However, this can still be added to your existing insurance if needed.

Uncontrolled Wear and Tear
When a property or home is damaged due to prolonged wear and tear, the maintenance or renovation may not be covered anymore.

Presence of Molds
Molds are excluded totally from your insurance. Your homeowner's insurance may only be able to give you extended coverage for this for an added price.

Pest Infestations
If your home has the presence of bed bugs, mites, and other pests, chances are this may fall under maintenance and extermination and not insurance.

Intentional Damages Done By Homeowner
When your agent or provider does an investigation, and it results in intentional damages, your provider may automatically hold any form of coverage. Sanctions for doing this may also be preserved.

Expensive Items or Collections
Artwork, jewelry, or any collectible antiques may not be included in your policy. Instead, this may be part of a certain type of insurance specifically for valuables.

Craftsmanship That Is Unreliable
When you have bad construction, which results in an unreliable state of your home, the insurance cannot do much about it. Covering a loss due to poor craft is not a loss your insurance handles.

Conclusion
Your knowledge and assessment in knowing what your home insurance policy does and does not include may help you make decisions and make the money you are paying for a policy worthwhile.

At Arnold Insurance Agency, LLC , we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (318) 965-5953. Get your free quote today by CLICKING HERE. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!