What does homeowners insurance not cover?
Homeowners insurance usually doesn't cover certain types of events or situations. Common exclusions may include:
Floods: Homeowners insurance typically doesn't cover damage caused by floods. You may need a separate flood insurance policy.
Earthquakes: Similar to floods, earthquakes are often not covered by standard homeowners insurance. You might need a separate earthquake insurance policy.
Routine Maintenance: Regular wear and tear or maintenance issues are usually not covered. Homeowners are responsible for maintaining their property.
Sewer Backup: Damages resulting from sewer backups may not be covered, or coverage might be limited. You may need to purchase additional coverage for this.
Mold: Mold damage may not be covered, especially if it's due to prolonged neglect or poor maintenance.
Termite Damage: Damage caused by pests like termites is often considered a result of poor maintenance and is typically not covered.
Nuclear Hazard: Damage from nuclear events or war is usually excluded.
It's essential to carefully review your policy and discuss specific coverage needs with your insurance provider to understand the limitations and exclusions in your homeowners insurance policy.