Understanding what your homeowners insurance covers and what it doesn’t is essential for preserving your home’s financial integrity. At Jones - Byrd Insurance Agency, we believe that knowing the common exclusions in standard homeowners insurance policies can help you make informed decisions about your coverage and avoid unexpected surprises when you need to file a claim.
Common Exclusions in Standard Homeowners Insurance
While homeowners insurance offers valuable coverage for your house and personal belongings, there are several situations and types of damage that are typically not covered. Some of the most common exclusions include:
- Flood damage — Standard policies do not cover damage caused by flooding. In places like North Carolina, where heavy rains and hurricanes can lead to flooding, a separate flood insurance policy may be necessary.
- Earthquake and sinkhole damage — Losses from earthquakes and sinkholes are generally excluded. If you live in an area prone to these risks, you may want to consider additional coverage.
- Maintenance issues and wear & tear — Damage resulting from neglect or poor maintenance is not covered. Homeowners are responsible for keeping their property in good condition.
- Sewer backup — Water damage from sewer or drain backups is usually excluded, but you may be able to add this protection with an endorsement.
- Mold and pest infestations — Standard policies often exclude damage caused by mold, rot and pests.
- Certain personal property — High-value items such as jewelry, art or collectibles may have limited coverage. Additional riders or endorsements can help secure these valuables.
- Business activities — Losses related to business activities conducted from your home are typically not covered under a standard policy.
Why Understanding Exclusions Matters
Knowing these exclusions helps you identify potential gaps in your coverage. Our team at Jones - Byrd Insurance Agency can review your current policy, explain any limitations and recommend additional options, such as flood insurance, earthquake coverage, or endorsements for valuable items, so your home is secured.
If you have questions about your homeowners insurance or want to explore ways to fill policy gaps, contact us today. We’re here to help homeowners secure the comprehensive protection they deserve.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.