You buy homeowner’s insurance to protect your most important asset. Or, if you are a renter, you buy renter’s insurance to cover your personal property and legal liability. Whatever the case, there are many risks to which you are exposed. Some risks are obvious such as fire and theft, while others are not. We wanted to provide you with some of the not so common claims that can arise out of home ownership or renting.
Homeowner’s and Renter’s Risks
Dog Bite Claims – Homeowner’s and renter’s insurance policies (with liability coverage) will cover the medical bills for someone bit by a dog, a cat, a snake or other domestic animal in your home. These policies even pay lost wages if the person can't work.
Bike Accidents - If you have liability coverage and are involved in a bike accident where you are liable for the injury of another person, you most likely have coverage.
Volcano Damage - Your homeowner’s and auto policies may cover damage caused by a volcanic eruption. Damage to your home or car could include ash, dust or a lava flow, fire, or airborne shockwaves.
Falling Objects From The Sky - Damage that comes from "falling objects," which includes stuff that comes from the sky, is usually covered.
Lightening - Homes partially or entirely destroyed by lightning-caused fires are not the only items that may be covered by your homeowner’s policy. Damaged electronic equipment like computers, high definition and plasma TVs, and refrigerators could also be covered.
Dinner Gone Bad – If you are entertaining your guests and they become ill or sick as a result of your food preparation, your liability insurance will provide medical expenses for your guests.
Remember, each personal insurance policy is different. These items may be covered, but we recommend you check with our office to determine the specifics of your insurance policy.
Losses Not Covered under a standard Homeowner’s or Renter’s Policy
- Intentional acts
- Criminal acts