Have You Considered These Three Home Insurance Endorsements?
Cover Up With These Home Insurance Endorsements
Home insurance in Thousand Oaks, CA is designed to cover your property if the worst happens. For the most part, it does. However, every policy has exclusions and limitations. When homeowners are looking to properly protect their property, home insurance endorsements should be considered. An endorsement is additional coverage to your policy, which is usually excluded from your standard home policy. Take a look at these common endorsements and why you should consider them.
Scheduled personal property endorsement
Most home insurance policies have a limit of coverage for certain types of specialty belongings, such as jewelry, fine art, antiques, and more. If you have high-value items, you may find that you don’t have enough coverage to adequately protect them from disaster. A scheduled personal property endorsement helps to cover these expensive belongings so that they can be replaced or restored after a loss.
Sewer backup endorsement
A backed-up sewage system isn’t covered in a standard home insurance policy. A sewer backup can be caused by anything from a clogged drain to damage in the sewer lines. If it backs up into your home, you could be left with ruined belongings and high repair costs. The sewer back up endorsement is set up to protect you from loss or damage to your property caused by the rupture or escape of water from a sewer, drain, sump pump, or septic system.
Do you own a boat, Jet-Ski, or any other type of watercraft? If so, you’ll want to consider a watercraft endorsement. It can be added to your home policy to cover damage to your boat and liability coverage. This policy works well for those who own smaller boats used for recreation. Be aware that if you have a larger vessel, such as a yacht, you may need a separate policy.
Talk to your insurer to understand if you could benefit from any of these endorsements. At Falsken & Associates Insurance Agency, we help homeowners find the insurance coverage they need and deserve. Contact us today to get started on your tailored policy.