Watch out for these common homeowners insurance coverage gaps.
While many homeowners assume that they have adequate protection under their homeowners insurance policy, this isn’t necessarily true. In fact, there are quite a few things that a standard homeowners insurance policy will not cover. Make sure that you are getting all the protection you need by looking out for these common coverage gaps.
If you are running a business out of your home, your homeowners insurance does not provide coverage for many aspects of your business. You will likely need to take out a policy rider or an entirely new policy to cover your business’s supplies, equipment, inventory, employees, and customers.
While standard homeowners insurance does provide coverage for the damages caused by most extreme weather events, certain natural disasters require their own policies. For instance, you will need individual home insurance policies to protect against floods and earthquakes. If you live in an area prone to either of these hazards, make sure you have the right policies to adequately protect yourself.
These are some of the most common coverage gaps in homeowners insurance policies. Do you have more questions regarding your homeowners coverage? Don’t hesitate to contact us. We at Westwood Insurance Agency are ready to assist you with all your coverage needs.