Often times after a disaster many homeowners feel abandoned by insurance companies because of common misconceptions.
Many people erroneously think they’re covered for things like floods, earthquakes, waterline breaks, termites and mold.
Most people think their policy covers damage to vehicles, boats or other expensive items that are parked in garages, But those disasters aren’t covered by standard homeowners insurance policies.
Other common misconceptions include things like Above ground pools, sheds, and detached garages which are only insured if the policy covers detached structures.
Plants in the yard are not considered part of the insured structure, so if they need to be replaced or removed it is the homeowner’s responsibility. Thousands of customers pay monthly premiums every year without fully understanding their insurance policy.
The best way to protect yourself from disaster is to have a complete personal property inventory done and talk with your insurance agent about the specifics of what may or may not be covered. You may be surprised at the findings.