Are There Gaps in Your Home Insurance?
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Are There Gaps in Your Home Insurance?

  • February 15, 2018

Possible Gaps in Your Home Insurance Policy 

If you’re like most homeowners, you do what you can to protect your home. You lock the doors, clean out the gutters, and secure home insurance in Thousand Oaks, CA. What many don’t know is that homeowners coverage doesn’t always cover every disaster and situation. In fact, many policies have gaps in them and the homeowner doesn’t find out until it’s too late. To prevent financial hardship and ruin down the road, check out possible gaps in your home policy.

Disasters

Many homeowners are under the misconception that their policy covers all natural disasters. Floods, earthquakes, and sewer back-ups are generally not covered under standard policies. If you’re worried about any of those issues (which can happen to a lot of us these days), there are insurance options. For example, earthquake insurance policies can be acquired for a lot less than you think.

Home Office

If you’re conducting business from the comfort of your home, you may need to talk to your insurance agent about adding a commercial line of coverage. The line between home insurance and business insurance can get blurry when you’re working from home, but it’s best to know the limits before a costly incident occurs.

High Price Items

If you have particularly expensive possessions, they may need additional coverage. For example, if you have a piece of jewelry that’s worth twice what your home insurance policy covers, then it won’t be covered if it is stolen or gets damaged. Look into specialty insurance or having those items scheduled to protect them.

Talk to your insurance agent about how to close gaps in your home insurance policy. The team at Falsken & Associates Insurance Agency is there for you. Call us to get started on your Californian coverage today.