What ISN’T Covered Under Homeowner’s Insurance?

Although homeowner’s insurance can cover many things, homeowners should be aware of what’s not covered. Many natural disasters, as well as damage to your home caused by wear and tear and neglect, aren’t covered under homeowner’s insurance. However, it’s best to contact a Buena Vista, VA insurance representative from Stonewall Grace Insurance to answer any questions you may have regarding what’s not covered. Our team is standing by to answer any questions you may have. 

Natural Disasters
Homeowner’s insurance doesn’t cover floods, earthquakes, sinkholes, and earth movements. Also, depending on where you’re located, there may be other natural disasters that may not be covered as well. 

Normal Wear and Tear
Normal wear and tear, as well as the neglect of your home that results in rust, rot, and mold, is not covered under a homeowner’s insurance policy. Termites, as well as insect and rodent damage, are also not covered under a homeowner’s policy. Generally speaking, any damage or deterioration to your property that resulted from time, use, neglect, and lack of upkeep isn’t covered under your policy.

Other Exclusions…
Acts of war, government actions like seizure and eminent domain, and nuclear incidents aren’t covered as well. Homeowners should also note that any business in a separate structure located on your property isn’t covered under your homeowner’s insurance policy. Consult with an insurance agent to determine what type of insurance you would need to purchase to cover a business structure on your personal property. 
As a homeowner, you should familiarize yourself with your homeowner’s policy. There are many things that are covered under a standard homeowners policy. However, many things aren’t. What’s covered may even vary based on your location. There may be additional natural disasters, unique to your area, that aren’t covered under your homeowner’s policy. However, reach out to a team member from Stonewall Grace Insurance to answer specific questions regarding what’s not covered. We’re standing by.