Your homeowner’s insurance policy can protect you, your assets, and your property in case of damage caused by storms or accidents. However, in cases of natural disasters or other unforeseeable circumstances, your insurance might not be enough to cover all damages. Here are some supplemental policies you may need to add to your insurance to fully protect you in any occasion.

4 Additional Insurance Policies to Protect Your Home

1. Flood Insurance

Most standard homeowner’s insurance policies cover water damage that occurs if something breaks into your home and allows in the rain, but exclude coverage for floods. If you experience damages because of a river rising, valley flood, or other natural causes, you’ll only be covered if you have supplemental flood insurance, so consider it if you live in a floodplain.

2. Earth Movement Insurance

Another common exclusion is damage caused by earth movement. This includes earthquakes, mudslides, sinkholes, and other types of natural earth-based disasters. You must add on an additional clause to protect your home against these natural events, which may be a sound investment if you live in hilly and muddy areas or near a fault line.

3. High-Value Item Coverage

If you own expensive jewelry, collectibles, or artwork, you may find that your homeowner’s insurance policy doesn’t cover these items completely. It may limit the value of individual items or put a low cap on them, preventing you from receiving the full amount they’re worth in case they get damaged. To protect valuable items, have them professionally appraised and called out in your policy, which could require an additional premium. 

4. Pool & Trampoline Liability

Swimming pools and trampolines are considered an "attractive nuisance" under insurance policies because they attract neighborhood children. If someone uses your pool or trampoline, even without your permission, you could be held liable for their medical costs if they get injured. To protect you, consider getting a supplemental liability policy.

If you need a supplemental insurance policy to protect your home, contact A Better Choice Insurance Agency Inc in Concord, NC. This family-owned business has been serving companies and individuals around Cabarrus County for over 25 years. In addition to homeowners insurance, they specialize in business, property, RV, motorcycle, and auto insurance. Learn more about some of the policies they offer on their website, or call (704) 782-2073 to request a quote.