As a homeowner, it’s easy to get complacent when it comes to your insurance. However, your home policy does have coverage limits and refusing to acknowledge this can leave you exposed to major risks. Fortunately, you can secure the additional coverage that you need with homeowners insurance endorsements. Here’s what you need to know about these additions to your policy.
Home Insurance Exclusions
Before you consider your insurance endorsement options, you need to understand the limits of your coverage. Typically, homeowners insurance policies exclude coverage for the losses related to the following:
What is a Policy Endorsement?
An insurance endorsement, also known as a rider, adds coverage for perils not automatically included in your policy. With an endorsement, you can cover specific losses for an additional premium. Please note that certain perils cannot be covered by an endorsement. For instance, if you want to secure coverage for flood damages, you would need to secure a separate flood insurance policy.
Policy Endorsements to Consider
Here are some of the most popular types of insurance endorsements that you should consider getting.
These are some of the homeowners insurance policy endorsements you should consider getting. Do you have more questions about your home coverage? 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.