As a homeowner in Midland, Texas, you rely on your home insurance policy to protect you and your property from unexpected events. However, there are some circumstances where your insurance coverage may not apply.

In this blog post, we’ll discuss five reasons why your home insurance policy may not cover your home, and what you can do to protect yourself.

Lack of Maintenance

If you don’t properly maintain your home, your insurance company may deny your claim. For example, if you have an outdated roof inspection or repair date, and you file a claim for damage due to a storm, your insurance company may not cover the cost of repairs.

It’s important to keep up with routine maintenance and make necessary repairs to ensure your coverage remains in force.

Flood Damage

Standard home insurance policies typically do not cover flood damage. If you live in a flood-prone area, it’s important to purchase separate flood insurance to protect your property.

The National Flood Insurance Program (NFIP) provides flood insurance coverage to homeowners in participating communities. Contact your insurance agent to find out more about your flood insurance options.

Earthquake Damage

Like flood damage, earthquake damage doesn’t receive coverage under standard home insurance policies. If you live in an area prone to earthquakes, you may want to consider purchasing additional coverage.

Your insurance agent here at Mike Lively Insurance Agency can help you determine the best options for your needs.

Home Business

If you run a business out of your home, your home insurance policy may not provide adequate coverage. In fact, many policies specifically exclude coverage for business-related losses.

If you operate a home-based business, you may need to purchase a separate business insurance policy to protect your assets.

Criminal Activity

If your criminal activity, such as theft or vandalism, damaged your home, your insurance policy may not cover the cost of repairs. It’s important to take steps to protect your home and property, such as installing a security system or joining a neighborhood watch program.

In conclusion, it’s important to understand what your home insurance policy covers and what it doesn’t. If you have questions about your coverage or want to explore additional insurance options, contact your insurance agent.

By taking steps to protect your property and ensuring you have adequate coverage, you can have peace of mind knowing you took the necessary steps to prepare for unexpected events.

Don’t leave your home’s protection to chance. Contact us today!