Some homeowners in Clarinda, IA mistakenly believe that the insurance policy they buy will cover everything in their houses. Basic home insurance policies are far from comprehensive when it comes to protecting various events that can damage your structure and its contents. A better course of action is to consider add-ons to your basic policy that the brokers at Sump Insurance can recommend.
What Standard Insurance Covers
Standard homeowner’s insurance policies generally provide four basic types of coverage. These are:
- Structural or dwelling coverage to rebuild your home after a covered risk
- Personal property to cover your belongings like furniture and clothing
- Alternative living expenses to pay for living elsewhere while your home is repaired
- Liability for legal and financial protection if someone is injured on your property
Add-Ons Provide Policy Customization
Add-ons, also called riders, allow homeowners to expand their coverage based on where they live, their home’s unique characteristics, and the items they own. Riders give you a wider umbrella of protection if mishaps occur. One of the most common riders involves a listing of valuable goods such as jewelry, artwork, and similar items worth much more than a typical deductible. These are called scheduled properties.
Other add-ons you should consider are:
- Equipment breakdown covering electronics and appliances
- Water and foundation backup for sump pumps send sewers
- Flooding
- Buried utility lines
- Swimming pool coverage for above and in-ground installations
- Extended reconstruction
The last is particularly important, as construction companies often do not finish promised repairs within the time your main policy allows.
Schedule A Consultation Today
Let Sump Insurance, serving the greater Clarinda, IA area customers advise you on what homeowner’s insurance you may need. We will gladly discuss your unique situation and recommend the best course of action. Call for a consultation today to determine your needs.
