What Is Excluded from a Standard Homeowners Insurance Policy?

Many Virginia residents are unaware that standard homeowners insurance policies leave out certain situations that could lead to costly repairs. Below is a closer look at common exclusions and ways to address potential coverage gaps. 

 Common Exclusions in Standard Homeowners Insurance 

A standard home policy may offer broad coverage, but usually does not cover every possible risk. Here are some of the exclusions that Virginia homeowners should keep in mind: 

• Flood damage—Most standard policies do not pay for damage caused by flooding. Those living in areas prone to severe flooding may need a separate flood insurance policy. 

• Earthquake and sinkhole damage—Losses from earthquakes and sinkholes are generally excluded from standard coverage. Additional policies can be purchased for those concerned about these hazards. 

• Maintenance issues—Damage caused by neglect, gradual deterioration or lack of upkeep is not included. Insurance is meant for sudden, accidental events, not for problems that develop over time. 

• Sewer backup—Water damage from sewer or drain backups is usually not part of a basic policy. Homeowners can often add this type of coverage through an endorsement. 

• High‑value items—Many standard policies limit coverage for items such as jewelry, fine art and collectibles. Scheduled personal property coverage may be necessary for expensive belongings. 

• Mold and pest infestations—Damage caused by mold, termites or similar pests is typically excluded because these issues are considered preventable with regular upkeep. 

• Business activities—If you operate a business from your home, losses involving business‑related property or liability usually require special endorsements to be covered. 

 Contact a Home Insurance Agent in North Chesterfield, VA 

If you have questions about homeowners policy exclusions or would like help reviewing your coverage, reach out to Karla's Insurance Agency, Inc. Our agents can help you explore your options and recommend suitable coverage. Contact us today to get started.  

 This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.