When it comes to something as important as your home, make sure that you know what is covered by your homeowners insurance type.
Homeowners insurance policies cover a wide range of possible disasters from fire and lightning strike, to theft and vandalism, to tornadoes and windstorms, to the weight of ice and snow. Here is a list of the perils that are covered under standard homeowners insurance policies. It is important to check your own policy to get a good handle on what your home is covered for, as it may differ from standard policy coverage. (Note: Every disaster is covered by all homeowners insurance policies HO-1 through HO-8 unless otherwise stated.)
- Fire or lightning
- Volcanic eruption
- Damage caused by vehicles
- Damage caused by aircraft
- Windstorm or hail
- Explosion
- Theft
- Vandalism or malicious mischief
- Riot or civil unrest/commotion
- Smoke
- Falling object (policies HO-2 through HO-6 only)
- Weight of sleet, snow, or ice (policies HO-2 through HO-6 only)
- Sudden and accidental damage from an artificially created electrical current (does not include loss to a transistor, tube, or similar electrical appliance or component). (Policies HO-2 through HO-6 only.)
- Sudden and accidental tearing apart, burning, cracking, or bulging of a steam or hot water heating system, automatic fire-protective system, or air conditioning. (Policies HO-2 through HO-6 only.)
- Accidental discharge or overflow of water or steam from within a plumbing tube, heating, automatic fire-protective sprinkler system, air conditioning, or from a household appliance. (Policies HO-2 through HO-6 only.)
- Freezing of plumbing, air conditioning, heating, automatic fire-protective sprinkler system, or of a household appliance. (Policies HO-2 through HO-6 only.)
- All perils except flood, earthquake, nuclear accident, war, landslide, mudslide, sinkhole, and others specified in your home insurance policy. (Policy HO-3 only.)
The right homeowners insurance policy will financially protect you from all covered dangers. Which ones, though, depend on your specific policy. Contact the independent insurance professionals at VGW Walker Insurance for all of your Texas insurance needs.
