Although floods, earthquakes and other natural disasters are more likely to occur in certain places, they can happen anywhere, including Fairland. In just seconds, a catastrophic event can leave you in ruin.
After this kind of emergency, you may be surprised to find out that your standard homeowner’s insurance will not cover disasters like earthquakes or floods. Once one of these horrendous events occurs, it is too late for you to obtain insurance to cover your damages.
The Standard Coverage
Each insurance policy is tailored to meet the needs of your home. Most standard homeowner’s insurance policies will cover damages that occur to permanent structures located on your property in Adelphi, as well as your personal belongings. Usually, a loss because of theft is also covered in your standard policy.
Some of the policies will include liability protection along with other coverage. Each policy varies, so you will want to read your policy to see exactly what will be covered and what will not.
Damages Usually Covered by the Standard Homeowner’s Insurance Policy
• Hail & Ice
To cover other catastrophic events, you need to purchase what is called ‘Disaster Insurance.’ This insurance only covers earthquakes, floods and other specific catastrophes.
Your provider will help you determine what natural disaster coverage you will need according to your location. These policies are customized according to the needs of the homeowner.