Does Your Home Insurance Protect Against Natural Disasters?

Does Your Home Insurance Protect Against Natural Disasters?

Here’s what your homeowners insurance will cover when it comes to natural disasters.

While you likely have homeowners insurance, you may not know exactly what your policy covers. For instance, you may not know what your insurance will cover when it comes to natural disasters. To help you understand your coverages, here are the natural disasters covered by your homeowners insurance.

Covered Disasters

Because every policy is unique, you should review your policy to find out exactly what it covers. However, there are some industry standard coverages. For instance, if you have the HO-2 (broad policy) form of insurance, you will have coverage for the following sixteen perils:

  • Lightning or Fire
  • Hail or Windstorm
  • Explosions
  • Damage caused by an aircraft
  • Theft
  • Riots or civil disturbances
  • Smoke damage
  • Damage caused by vehicles
  • Vandalism
  • Falling objects
  • Volcanic eruption
  • Pipe freezing
  • Damage from the weight of snow and ice
  • Water damage from plumbing, heating, or air conditioning
  • Water heater cracking, tearing, and burning
  • Damage from electrical currents

If you have the more common HO-3 (special policy) form of insurance, you have even more insurance coverages. Rather than HO-2 policies that specifically name covered perils, HO-3 policies take the opposite approach. HO-3 policies offer coverage for all perils unless they are specifically named and excluded in the policy.

What Isn’t Covered?

The most common coverage exclusions are earthquakes and floods. If you want to secure coverage for these specific natural disasters, you will need to secure specialty earthquake or flood insurance respectively.

This is what your homeowners insurance will cover when it comes to natural disasters. Do you have additional questions regarding home insurance? If so, contact the experts at East End Insurance Agency. Our dedicated team is eager to assist you with all your coverage needs today.

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