Many homeowners carry standard homeowner's insurance policies on their house and the land it sits on. For most homeowners, a standard policy is usually enough coverage. However, some disasters and the home repairs that come with them may not be covered in a standard property insurance policy. Take a look at some of things your policy might not cover and why you may need to make changes in your coverage.
Do You Have A Septic Tank?
Homes with septic tanks may require special coverage for backup incidents. If your septic tank has ever backed up into your home through the toilet and drains, you know the unclean, filthy damage it can cause fast. Look into your home's coverage to learn whether or not it does coverage sewer backup damages. If not and you have a septic tank, making sure to add this type of coverage is important. The cost of having someone come into your home for cleaning this kind of disaster can be expensive, so knowing you have it covered if it ever happens in your home is a good feeling.
Mold And Mildew Damage Can Be Costly
Replacing drywall and wooden studs can be expensive and a hard project if you must completely remove the existing wall materials due to mold and mildew damage. Some mold and mildew damage poses high health risks to people with respiratory problems like COPD and asthma. If you live in an area that has a hot and humid climate most of the time, checking your property insurance policy for coverage related to damages caused by mold and mildew is a good idea. Remember to maintain a regular schedule for inspecting parts of your home that are prone to high moisture. Catching mold and mildew growth while it is small is best to avoid a stressful renovation project.
Putting The Bugs On Your Insurance Policy
You may be surprised to learn that not every standard homeowner's insurance policy carries coverage options for termite damage. For people that own older homes, ensuring you have termite coverage on your policy is a good idea. Contacting pest control professionals about a contract for regular termite inspections can be helpful to avoid the devastating damages these tiny bugs can cause. Adding special termite coverage to your homeowner's policy is important.
Unfortunately, Terrorism Is A Real Threat
Since the Twin Towers were attacked, the threat of terrorism in all areas of the world has become greater. In the event that your property is damaged due to terrorism, you need to know if your policy carries coverage for it. Your insurance agent can help you learn if your property is in an area considered high risk for terrorist acts.
Taking the steps to protect your home is important to protect the money you have invested in it. The greatest benefit of knowing your home is protected is by adding the coverage you know may come in handy later on. To learn more about property insurance, contact a company like Arkansas First Choice Insurance.
Share9 May 2015
