Typically, homeowners insurance covers damage to both the interior and exterior of a residence. It also covers loss as a result of theft and personal liability in the event that a guest is injured on your property. It also covers damage to the personal belongings of your guest while on your property. Although homeowners’ insurance covers many things, there are things that aren’t covered under a homeowners’ policy.

What’s NOT Covered Under a Homeowners Policy?

Your homeowner’s policy will not cover damage that occurs from natural wear and tear and neglect. This includes rust, rot, and mold, as well as damage from termites, insects, and rodents. Damage as a result of smoke and smog from industrial and agricultural operations is also not covered. Homeowners should also note that they may need to purchase a separate policy to cover artwork, collectibles, and valuable jewelry. Identity theft isn’t covered under a homeowners insurance policy either. Homeowners should consider their unique situations and speak with one of our team members at Bayshield Insurance. Separate coverage may be needed if you have expensive jewelry or art, or you live in an area prone to flooding.  One of our team members can discuss what’s covered under a homeowners policy as well as what items might need to be considered for coverage under a separate policy.

Certain Natural Disasters

A homeowners insurance policy will not cover damage caused by tsunamis, nuclear disasters, earthquakes, and floods. Conversely, homeowners insurance will cover damage caused by explosions, lightning, hail, windstorms, hurricanes,  and cold weather. The coverage falls under three categories that include an actual cash value, replacement cost, as well as extended replacement cost. Our team at Bayshield Insurance is ready, willing, and able to answer all of your questions about homeowners insurance coverage for our San Jose, CA customers. Give us a call.