What’s Not Covered by Standard Homeowners Insurance (and How to Fill the Gaps)
Your homeowners insurance protects your biggest investment, but that doesn’t mean it covers everything. Many homeowners assume certain risks are included in their policy, only to find out too late that they’re responsible for costly repairs or losses. Here’s a closer look at common exclusions and how to make sure you’re fully protected.
1. Flooding and water backup
Standard homeowners policies don’t cover flood damage or water that backs up from sewers or drains. Example: A heavy rainstorm floods your basement—your standard policy won’t help. But a separate flood insurance policy or water backup endorsement can save you thousands in repairs.
2. Earthquakes and ground movement
Damage from earthquakes, sinkholes, or shifting ground is excluded from most policies. Example: A small tremor causes cracks in your foundation—your regular homeowners insurance won’t cover the repairs unless you’ve added earthquake coverage.
3. Maintenance-related issues
Insurance is designed for sudden, accidental losses, not wear and tear. Mold, pest damage, or neglect are typically excluded. Example: If a slow roof leak leads to mold over time, it’s considered maintenance—not an insurable event. Regular inspections and upkeep are your best defense.
4. High-value personal items
Standard policies usually limit coverage for jewelry, fine art, or collectibles. Example: If your engagement ring worth $8,000 is stolen, your policy may only reimburse $1,500 unless you add a personal articles floater to cover its full value.
5. Home-based business equipment
If you run a small business from home, your policy may not cover business property or liability. Example: A client trips on your front steps during a home consultation—your homeowners policy might not cover the injury. A home-based business endorsement or separate business policy can fill the gap.
The best time to find coverage gaps is before you need to file a claim. Let Stanton Insurance Group help you review your policy and customize protection that fits your home and lifestyle. Contact us today to schedule your review.
