Home Owners Insurance. It’s All the Same, Right?

 WRONG! Never assume anything - unless you are familiar with the coverage.

Standard Homeowners Insurance  - What You Can Expect

In a standard policy, you may be covered for losses caused by:

• Fire and lightning
• Sudden and accidental damage by smoke
• Explosion
• Theft
• Vandalism and malicious mischief
• Aircraft and vehicles
• Windstorm or hail
• Sudden and accidental water damage
• Weight of ice, snow or sleet
• Riot and civil commotion

Even with the coverage you typically have, there are certain deductibles and limitations on each policy that you should be mindful of.

Your standard policy does not cover losses caused by:

• Flooding including tidal surge (flood insurance may be available through the National Flood Insurance Program.
• Earthquakes, earth movement, landslides, mudslides and sinkholes
• Termites, insects, rats, mice, birds or other vermin
• Freezing pipes (unless water was shut off or building was heated)
• Losses if you house is vacant for the extent of days specified by your policy
• Wear and tear, rotting, maintenance and pollution
• Wind or hail damage to trees and shrubs
• Mold, unless it is as a result of a covered loss (i.e. mold damage due to flood would not be covered)
• Water damage resulting from continuous and repeated seepage
• Liability which results from the ownership or use of an automobile and other forms of motorized land vehicles, aircraft or certain watercraft
• Intentional acts caused by you or a resident of your home
• War or Nuclear Hazard

Clarifying Your Coverage

Insurance is a complicated matter. Getting a thorough overview of your particular policy is essential. Finding an insurance agency that knows the ins and outs of the industry and related policies will mean the difference in having adequate protection or not.

HAVE A PRIME DAY™! PRIME Insurance provides all forms of nationwide coverage, including NJ cheap auto insurance, low quote commercial umbrella insurance NJ,  flood insurance, NJ renters insurance, NJ homeowners insurance, NJ bonds, NJ workers comp, NJ life insurance and more. We invite  you to experience the PRIME difference by visiting us on our online insurance website; emailing us at PRIME [at] primeins [dot] com or calling us at 732-886-5751!