Your homeowners insurance gives you peace of mind that your home is covered. Damage caused by everything from a disaster to a burglary, is taken care of under your policy, right? No matter how much home insurance you have, there may be a few coverage gaps. Find out where you may be lacking coverage with these common homeowners insurance gaps.
Many homeowners are under false pretenses that their insurance covers any damage. However, far too many homeowners find out that’s not the case when it’s too late. Natural disasters can cause extreme damages, but unless you have a special policy, your homeowners insurance won’t cover it. Instead, you’re responsible for any damages caused by mother nature.
After a damaging event, your home may need to be rebuilt. Your homeowners insurance covers rebuilding costs, right? That may not be the case. Keep in mind that coverage limits and depreciation play a role in your policy’s coverage, and they may be less than the value of your home. Be sure that you have enough coverage for rebuilding costs and add an additional policy.
Home maintenance is required to keep your home in good condition. Making sure that your trees have been pruned and your pipes aren’t corroded, is key to avoiding any costly damages down the line. While you may put off keeping up on your home maintenance, you expect that your homeowners insurance covers those damages down the line. However, if those damages are caused by negligence to necessary home maintenance, your may not be covered. Avoid any issues and ensure that your property is taken care of.
Be sure that you consult with an agent about your homeowners insurance in Frisco, TX to ensure that you don’t have any coverage gaps. Contact Mike Leonard Insurance Agency in North Texas. We’ll work to get you the right coverage from our carriers Kemper, MetLife, Travelers, The Hartford, Safeco Insurance, Progressive, and American Strategic Insurance so you can rest easy with great protection.