Some perils occur so frequently or are prone in certain areas that they are excluded from basic coverage. These events are not part of the standard homeowner’s policy, but may still be insured with additional endorsements.
Basic coverage excludes losses from:
- Intentional Damage
- Wear and Tear
- Construction Defects
- Frozen Pipes
Adding additional endorsements to a homeowner’s policy may cost an additional premium but are worth the additional costs. Here are a few endorsements that may be added to a basic homeowner’s insurance policy for increased protection:
Water back-up and sump discharge coverage
This endorsement covers damage caused by a blocked drain pipe or a failed sump pump.
Guaranteed replacement costs
An optional coverage that pays to rebuild your home completely, even if the cost surpasses your policy limits.
Identity fraud expense
This endorsement pays for losses due to identity fraud, including legal fees. Identity fraud happens when your personal information, credit card numbers or Social Security number is stolen and used without your consent.
Personal injury coverage insures claims of personal injury, including false arrest, wrongful evictions or entry, invasion of privacy, slander and defamation.
Do you need more information about homeowner’s insurance? Our agents and customer service representatives are here to help. Call us today at 1-888-949-6289 or visit your nearest Insurance Navy location. For your convenience, Insurance Navy is open from 8 a.m. to 9 p.m. CST, 7 days a week.
*Please review your own policy carefully for details on homeowners insurance. Homeowner’s insurance varies by insurance company and policy.