Important Dos and Don’ts of Home Insurance

The Basics
When buying insurance for your home, it is important to have a full understanding of what home insurance entails. Every insurance company is different, so it’s important to ask each company specific questions. In general, however, here is a breakdown of what is and what is not covered by most insurance companies.

What they do cover:

• Fire/Smoke
• Lightning
• Theft
• Ice/Snow
• Frozen Pipes
• Injuries within the home

What they don’t cover:

• Flood
• Nuclear Accidents
• War
• Earthquakes
• Terrorist Attacks
• The entire cost of rebuilding your home*

*Remember that what you paid for your home could be lower or higher than what it costs to build your home. Make sure you get enough coverage to ensure the entire cost of rebuilding your home. If a disaster were to happen, you wouldn’t want to find out you were underinsured.