Understanding Your Home Insurance Coverage and Limitation

What’s Covered (and What’s Not) in a Standard Home Insurance Policy?

Understanding the coverage and limitations of a standard home insurance policy is essential for protecting your home. While home insurance may help safeguard your most valuable asset from various risks, knowing precisely what is and isn’t covered can help ensure you have the proper protection in place.

What’s Covered?

A standard home insurance policy typically includes the following coverage:

• Dwelling coverage—This may protect the structure of your home, including walls, roof and built-in appliances. If your home is damaged by fire, vandalism or other covered risks, this coverage can help pay for repairs or rebuilding.

• Other structures coverage—This may cover detached structures on your property, such as garages, sheds and fences, in case of damage from covered events.

• Personal property coverage—This may help replace belongings like furniture, electronics and clothing if they are stolen or damaged by covered risks.

• Liability protection—This may provide financial protection if you’re at fault for someone else’s bodily injuries or property damage, potentially covering legal fees, repair or replacement costs and medical expenses.

• Additional living expenses coverage—This may pay for temporary housing and other necessary costs if your home becomes uninhabitable due to a covered event.

What’s Not Covered?

Home insurance policies also often include exclusions, meaning certain events and damage are not covered. Common exclusions include:

• Floods and earthquakes—Standard policies typically do not cover damage from floods or earthquakes. Separate insurance policies or endorsements are often required to protect against these risks.

• Maintenance issues—Damage caused by neglect, poor maintenance, mold or pest infestations is generally not covered. Regular upkeep is essential to prevent these problems.

• High-value items—Expensive belongings such as jewelry, artwork and collectibles may have limited coverage. Endorsements or riders may be needed to fully insure these items.

Why Choose Nijjar Insurance Services?

Santa Maria, California, residents can rely on Nijjar Insurance Services for personalized and dependable insurance solutions. With a commitment to exceptional customer service and in-depth knowledge of the local market, we can help ensure you have the right coverage to protect your home and peace of mind. Contact us today to learn more.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.