Your typical homeowners insurance policy is designed to provide a solid base level of protection. However, you should always customize your policy to enjoy greater peace of mind. In this post, we talk about seven extra coverages you should consider adding to your homeowners insurance policy.
1. Jewelry, Fine Arts, or Electronics
Items like jewelry, fine arts, or electronics are usually covered by your homeowners insurance, but only up to certain limits stated in your policy. If you own expensive or unique items, it’s always a good idea to insure them with a separate policy.
2. Backup of Sewers and Drains
Here’s a simple rule to keep in mind: your typical homeowners insurance policy covers damage caused by water that comes from above (such as storms) but not damage caused by water that comes from below, as in the case of backed-up sewers and drains. Not everyone knows this — now that you know it, it’s easy to see why this additional coverage is worth considering.
3. Extra Costs to Meet Local Building Costs
Building ordinances change all the time. The bad news is that if your home is damaged and you need to repair it or replace it, your standard homeowners insurance policy won’t cover the cost of bringing your home up to code. Luckily, this coverage (also known as law or ordinance coverage) was designed to help you in this scenario.
4. Mold Removal
In most cases, your homeowners insurance helps pay mold damage only when it’s caused by a peril already covered by your homeowners insurance. For example, mold caused by floods is not covered because your standard homeowners insurance doesn’t include flood coverage.
5. Earthquake Insurance
Earthquakes are another peril excluded from homeowners insurance. Luckily, you can get a separate policy to safeguard your property against this natural risk. This is important, because all Texans face some level or earthquake hazard, and some regions face the risks of large, distant earthquakes.
6. Flood Insurance
Floods can happen anywhere in Texas, even outside designated flood zones, so this is a coverage all Texans should consider. A flood insurance policy covers your home for up to $250,000. If you need to cover your belongings as well, you’ll need a separate policy which offers protection of up to $100,000.
To learn more about flood insurance in Texas, make sure to check out our previous blog, “Rainy Season Is Here, This Is The Right Time to Get Flood Insurance.”
Need Homeowners Insurance in Houston, Texas? Contact BZ Bee!
If what you need is personalized insurance at affordable rates, look no further than BZ Bee insurance.
We are located in Houston, Texas, and serve clients all over the Lone Star state. To get a free quote, just contact us by email (ayalamariaeugenia@yahoo.com) or telephone (832-729-8114), or fill out the contact form on this website.
