Homeowners insurance plays a key role in addressing unexpected risks that your home and family may face. A standard policy typically may include several key coverages, including the following:
- Dwelling coverage may help repair or rebuild your home if it’s damaged by covered events, such as fire, windstorms or lightning.
- Liability coverage may offer financial support if someone is injured on your property or if you accidentally cause damage to someone else’s property.
- Personal property coverage may cover belongings such as furniture, electronics and clothing if they’re stolen or damaged.
- Additional living expenses may help cover costs like hotel stays or meals if your home becomes uninhabitable due to a covered loss.
Does My Policy Cover Flooding?
Florida’s climate poses risks such as hurricanes, flooding and severe storms. Homeowners insurance can cover many types of damage, but standard policies typically do not cover floods, including losses from hurricane-related storm surges.
Because the state faces a higher risk of flooding, you may want to add a separate flood insurance policy for broader coverage. Review your policy with your broker to understand what it may or may not include and determine if you need additional insurance.
What Are Other Exclusions?
Beyond flooding, other risks that fall outside standard policies may include:
- Sewer backups or sump-pump failures
- High-value items, such as jewelry, art or collectibles (often require specialized coverage)
Reviewing these exclusions and available add-ons can help you choose coverage that may better fit your needs.
How Our Team Can Help
At Gene Smith Insurance Agency, we help you find suitable options by understanding your risks. Contact us today to review your current policy or explore new coverage.
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.