While many homeowners assume that their insurance policy covers them for everything, this simply isn’t the case. All insurance has its limitations and your homeowners insurance in North Texas is no different. Fortunately, you can fill your coverage gaps by securing insurance endorsements. Here are some of the endorsements that you should consider adding to your policy.
A sewer backup can cause considerable water damage to your home and can also pose a major health risk to your loved ones. Unfortunately, standard home insurance will not cover the cost of dealing with sewer backup damage. However, by securing a sewer backup policy rider, you can secure coverage for water damage and remediation efforts.
If you are running a business out of your home, then your insurance will not cover anything related to your business. Rather than securing a totally separate business insurance policy, many home insurers offer the chance to secure a home-based business insurance endorsement to cover your business equipment, supplies, and legal liability.
If you have high-value items that cannot be covered by your standard personal property coverage, then you can secure additional coverage by scheduling these specific items on your home policy. This will ensure that high-value items such as jewelry, electronics, fine art, and so on are covered for their full value.
A personal injury endorsement adds liability protection to your home insurance policy to cover things like false arrest, wrongful eviction, slander, defamation, and advertising liability. Essentially, this coverage offers protection against harmful claims that do not include actual physical damage to a person’s body.
These are some of the home insurance endorsements to consider. Do you have further questions regarding your homeowners insurance in Carrollton, Texas? If so, then contact the experts at Mike Leonard Insurance Agency. Our dedicated team is eager to find you the right coverage from one of our many carriers including: Kemper, MetLife, Nationwide, Travelers, The Hartford, Safeco Insurance, Progressive, and American Strategic Insurance.