The Intricacies of Homeowners Insurance Coverage

The most important thing to remember when it comes to homeowners’ insurance is that one size does not fit all, and it’s important to find a policy that fits your specific needs. It’s also important to read the fine print and know exactly what is covered and what is not. You might be surprised by some of the intricacies involved in coverage.

Water Damage

Water damage can be trickier than you might imagine. In general, most policies do cover most water damage. However, if the damage is caused by either poor craftsmanship or negligent plumbing, it probably won’t be covered. Water damage caused by broken pipes or a leaky roof, however, is more commonly covered by insurance. If the owner can prove they were diligent with maintenance there’s a better chance it will be covered.

Snow Damage

A good question to ask is, does homeowners insurance cover snow damage? According to Thayer Innes Insurance, most homeowners’ policies will cover damage that’s clearly been caused by weather alone. This might include a tree that falls down on a house due to snow load. However, if it’s just a tree branch that falls down and causes damage. Your policy may not cover it. If it’s a branch that should have been trimmed, then you could be deemed the responsible party.

Again, the most important thing to do is to make sure you have a policy that meets your individual needs. If you live in a flood zone, for example, you’ll want to get flooding coverage.