It Seems Like Disasters Are Becoming More Common.
Which perils otherwise known as disasters are covered by Homeowners Insurance?
Standard home insurance policies typically cover a range of ever present disasters like tornadoes, hurricanes, fire, lightning
strikes and winter storm damage caused by weight of ice and snow. Most homeowners policies cover all the disasters listed below.
Some Homeowners Insurance provide coverage for the first ten in the list. It is important to review your home insurance for the specific disasters.
WHAT TYPE OF PERILS ARE YOU INSURED FOR?
Dwelling &Personal Property
1. Fire or lightning
2. Windstorm or hail
4. Riot or civil commotion
5. Damage caused by aircraft
6. Damage caused by vehicles
8. Vandalism or malicious mischief
10. Volcanic eruption
11. Falling object
12. Weight of ice, snow or sleet
13. Accidental discharge or overflow of water or steam from within a plumbing, heating,
air conditioning, or automatic fire-protective sprinkler system, or from a household
14. Sudden and accidental tearing apart, cracking, burning, or bulging of a steam or hot
water heating system, an air conditioning or automatic fire-protective system.
15. Freezing of a plumbing, heating, air conditioning or automatic, fire-protective
sprinkler system, or of a household appliance.
16. Sudden and accidental damage from artificially generated electrical current (does
not include loss to a tube, transistor or similar electronic component)
17. MOST LIKELY EXCLUDED- flood, earthquake, war, nuclear accident, landslide, mudslide,
sinkhole and others specified in your policy. Check your policy for a complete list of
So What Is Probably Not Covered As A Disasters
Flood damage is excluded under standard homeowners and renters insurance policies. Flood coverage, however, is available in the form
of a separate policy both from the National Flood Insurance Program - NFIP ( 888-379-9531) and from a few private insurers.
You can get replacement cost coverage for the structure of your home, but only actual cash value coverage is available for your
possessions. There may also be limits on coverage for furniture and other possessions stored in your basement.
Flood insurance is available for renters as well as homeowners. You will need flood insurance if you live in a designated flood zone. But
also consider buying it if your house could be flooded by melting snow, an overflowing creek or water running down a steep hill. Don’t
wait until the evening news announces a flood season warning to buy a policy. There is a 30-day waiting period before federal flood
coverage takes effect.
Earthquake coverage can be a separate policy or an endorsement to your homeowners or renters policy. It available from most
insurance companies. In California, it is also available from the California Earthquake Authority. In earthquake prone states like California, the
policy comes with a high deductible.
3. Maintenance damage
It is your responsibility to take reasonable precautions to protect your home from damage. Your insurance policy will not cover damage
due to lack of maintenance, mold, termite infestation and infestation from other pests.
4. SEWER BACK-UP
Sewer backups or the inability of sump pumps to handle runoff water from major downpours are not covered under a typical
homeowners insurance policy, nor are they covered by flood insurance. Those types of coverage must be purchased either as a
separate product or as an endorsement to a homeowners policy.”
Sewer backup coverage is available from most insurers for a nominal cost—usually an additional annual premium of $40-$50.
Many homeowners may not realize that they are responsible for the maintenance and repair of their house or sewer lateral—the
pipeline between the city sanitary sewer main, usually located in the street—and the building. The sewer lateral is owned and
maintained by the property owner including any part that extends into the street or public right of way.