When you have your home covered by home insurance, you may feel prepared to tackle any disaster that comes your way. Don’t get too comfortable. Home insurance is excellent and covers many things, but it also has exclusions, and if you are unaware of them, you could get a nasty shock. At W.B. Adams Company in Beaverton, OR, we make it our job to ensure all of our customers are informed.
Earth movement includes things like earthquakes, mudslides, landslides, and sinkholes. If you live in an area with a danger of damaging your home by one of these natural disasters, you can add an additional policy or endorsement to provide the coverage you need.
Floods are among the most common and damaging natural disasters, and a traditional home insurance policy does not cover them. Flood insurance is sold through the NFIP (National Flood Insurance Program). Many towns are eligible for this coverage. If your town is not part of the program, you can also get coverage outside this program through private insurance. It is sold in two parts; property and contents. You can buy both or either of the two alone.
As a homeowner, the insurance company expects that you will maintain your home. If they determine that your damage results from your neglect, they will not pay for it. This includes things like termites which you should have your home treated for, a roof that leaks into your home because it needs to be replaced, or any damage due to wear and tear or normal aging.
For all your home insurance needs, you can rely on our team at W.B. Adams Company in Beaverton, OR to be there for you.