Common Perils Excluded from Homeowners Insurance Policies

Common Perils Excluded from Homeowners Insurance PoliciesUpon purchasing the home of your dreams, you were likely required to obtain homeowners insurance. During this time, you probably had so much on your mind that you barely overlooked your policy. Unfortunately, this very common scenario leaves homeowners unaware of what is covered under their policy, leaving them with lack of coverage when they need it most. The last thing we want is for you to find out you are under protected once it’s too late. Here we have gathered a list of a few common perils that are excluded from the standard homeowners’ insurance policy:

  • Mold coverage is either specifically excluded or limited under your homeowners’ insurance policy.
  • As our sewer lines continue to age, it becomes increasingly more important that you obtain sewer backup coverage since there is no telling when these 100+ year old lines will decide to give up.
  • After Superstorm Sandy, many New York residents were surprised to find out that flood damages were specifically excluded from their homeowners’ insurance policies. You need a separate flood insurance policy for coverage.
  • In order to receive coverage for earthquake damages, you must also obtain a separate insurance policy.

For all of your homeowners’ insurance needs in Tarrytown and Westchester County, contact Allan Block Insurance Agency.