Homeowner’s insurance policy protects your home from all damages and
loses. This is usually the leading line some insurance companies would use to
sell you their policy. While there is nothing out rightly wrong with this, it
is somewhat misleading. It just takes a simple "all" word to not only
make the statement invalid but has the tendency of causing problems later in
the future for clients and insurers.
The standard homeowner’s insurance policy covers damages and loss to
homes but usually excludes flooding and earthquake related damages. This is not
the time to question why or why it isn't included. When buying your homeowners insurance policy, do not go with the impression that it is included. For
further clarification, you should feel free to ask your insurance agent.
If you live in areas that are prone or susceptible to flooding and
earthquakes, it is best to include their coverage in your policy. Like other
reasons for buying insurance, you cannot predict when and to what extent the
damage from these natural disasters could be. You will always be safe to have
it included to your insurance policy.
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