Do you have the right endorsements for your homeowners insurance in Antioch, CA?

When disaster strikes your home, insurance is supposed to be there to help you pick the pieces! Most of the time, it does, although, every coverage has its limits. When it comes to property coverage, an endorsement is an amendment to your homeowners insurance, safeguarding your personal belongings and finances.

Sewer and drain backup: Also called œwater backup, a backed-up swear or drain can cause significant damage to a home. It's frequently excluded from homeowners insurance policies and is not covered by flood insurance policies.

Business activities: Typically, home insurance covers only minor losses such as damage or theft of home office equipment. Purchasing separate business insurance is the best way to guarantee proper coverage. Many standard policies only over $2,500 for business property damage in your home. With a home business endorsement, you can receive up to $70,000 worth of coverage for your business property. Additionally, there is a higher liability coverage in case a client if injured in your home.

Jewelry, furs, and high-valuables: Your standard homeowners insurance policy may not offer enough coverage to protect your high-valuable belongings from loss. These items require a separate rider or policy to guarantee full replacement cost. A personal articles floater extends the amount of coverage for your items, such as furs, fine art, and jewelry. It also covers loss resulting from perils not included in your homeowners policy, such as accidental loss.

Sinkhole coverage: This endorsement covers direct physical loss or damage to the insured property caused by œsudden settlement or a sinkhole. Many homeowners are surprised to learn that earthquake insurance does not provide such coverage from sinkholes or any damage to land, including large cracks or holes that appear on your property.

Does your homeowners insurance need endorsements to cover your belongings and property? Get started on a tailored homeowners insurance policy to suit your needs and budget by contacting Jack Stone Insurance Agency, serving Antioch and Brentwood in California.