When you think about your homeowner’s insurance, do you really know what’s covered in the event of a loss? That’s the million-dollar question when it comes to claims, “is it covered?”.
Most homeowner’s insurance policies are written for the broadest market possible and only the coverage required by most people is included in the standard policy. In order to get additional coverages, you can add endorsements to your policy. Some insurance carriers have “Endorsement Packages” that have a list of additional coverages that are included.
Many times, you can also choose these coverages separately. One of the most commonly added endorsement is “Water Back Up of Sewers or Drains”. I discussed this endorsement in my previous blog titled “Should I Have Water Back Up of Sewers or Drains Coverage on My Home in Indiana”. This endorsement as well as a few others are highly recommended to protect your assists.
Here’s a list of endorsement coverages not automatically covered on most home insurance policies.
· Water Back-up
· Food Spoilage
· False Fire Alarm Reimbursement
· Lock & Garage Door Transmitter Replacement
· Debris Removal
· Contingent Workers Comp.
· Identity Fraud
· Equipment Breakdown
· Pollutant Cleanup and Removal
While most homeowner’s insurance policies don’t automatically cover these types of losses, an endorsement can be added for a nominal fee. I’m happy to review your policies for you to determine if you have adequate coverage you need. Please contact me today for a review.