Home insurance provides protection for your building structure, your home contents and additional dwellings in your premises. It provides coverage for personal liability and teporary living accomodation and expenses in case your house is destroyed.

Your basic hmeowners insurance covers about 16 perils. Nevertheless, it does not provide coverage for everything concerning your home. It has limitations and exclusions. Some of the exclusions are earthquake, flood, hurricane and subsidence hazards. We shall concentrate more on the limitations. These include;

Home buisness

If you are a landlord and run a business from home, I am obliged to inform you that your business equipment and customers are not covered in your basic home insurance policy.

If your house should gutted by fire and your business equipment is destroyed, you will not get any claim from your insurance company.

Same applies to your customers who get injured in your premises while transacting business; your liability cover will not protect you.

Therefore, if you run home business, it's important you inform your insurer to get adequate coverage. You have to increase your liability insurance protection to provide for your clients and customers visiting your premises.

Poor home maintenance

Your basic protects your house against damage. However, this does not include damage caused by negligence.

For instance, your policy does not cover for damage caused by insects or termites.

It does not cover for damage caused by rodents and birds.

It does not provide cover for mold damage.

It's important you begin to pay attention to the maintenance of your home.

Fumigate your home to prevent insects and termites from invading your house.

Endeavor to close up every opening to prevent rodents and birds from entering into any part of your building.

You should arrange your home in such way to allow free flow of air to prevent mold formation.

Roof damage

Your basic insurance covers for roof damage. If the damage is caused by poor home maintenance and negligence, you may have to pay your damage out-of-pocket. Therefore, to avoid such experience, maintain your roof and firtify it to withstand storms and other weather conditions.

Expensive jewelry

It's true that your personal property and valuables are covered but with a limit not exceeding $1000. Therefore if you have valuables like jewelries, antiques and other expensive collections exceeding $1000, inform your insurer to get adequate coverage through a rider on your basic policy.

Ignorance of the limitations of home insurance coverage has caused great pains to many consumers. So, your understanding of your policy limitations and exclusions is of utmost importance to enable you maximize the benfits of your insurance.

Now, to get adequate and quality homeowners insurance, start by requesting for your free home insurance quotes and start saving.