What Homeowners Insurance Does Not Cover? (Moab, UT)
What doesn't homeowners insurance cover?
One of the biggest misconceptions about homeowners insurance is that it covers everything. The truth is, it doesn't.
Homeowners insurance is really designed to cover sudden and accidental losses, not things that happen slowly over a long period of time.
For example, if a pipe suddenly bursts and water damages your home's interior, that's generally the type of claim homeowners insurance is designed to cover. It was sudden and accidental.
But if you have a small leak under your sink that's been dripping for months and causes rot, mold, or damage over a long period of time, that's considered a maintenance issue, and typically, it isn't covered by your homeowners policy.
Think of it this way: insurance isn't a home maintenance plan. It's there for the unexpected.
Another common surprise is flooding. If water comes into your home from outside, whether it's from heavy rain, a river overflowing, or flash flooding, that's not covered by a standard homeowners policy. Flood insurance is needed for that, and it is a separate policy.
The best advice I can give is this: take care of small maintenance issues before they become big problems. And no matter where you live, flooding is a possibility, so ask your agent whether flood insurance makes sense for you.
Knowing what isn't covered can be just as important as knowing what is covered.
If you're not sure what your homeowners policy covers, we'd be happy to review your insurance coverage options with you! Give us a call at (435) 259-5981 or visit https://www.insuremoab.com.
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