With today’s unpredictable and very unusual natural calamities, our dwellings are constantly vulnerable to be washed away or burnt to ashes. The climate is very eratic and could take away our homes in a blink of an eye. Good thing that we have homeowners assurance. At least we are comforted that we are entitled to certain claims and getting back on our feet cannot be that difficult. But what are the things that we should consider when getting an average homeowner’s insurance?

Disaster Coverage

Calculate the risks involved for living in your area. Each risk or natural calamity requires individual coverage. Do not assume that since disaster coverage is mentioned in your policy that it automatically covers earthquake, volcanic eruptions, flood, forest or grass fire losses. Umbrella policies are full of gray areas so you should discuss each with your agent to make sure that ambiguity is avoided. Consider all things that might possibly happen. Do not live in a fancy world where accidents and disasters do not happen.

Fire and Lightning

As many people would say, it is better for a burglar to visit your dwelling than to have fire and lightning because the latter take away everything you own. Better be safe than sorry.

Sewage and Water Backup

A poor sewage system has a lot to say in the overall value of your house. Sewage system and water backup service providers usually transact business in groups. It is sometimes not easy to call a service provider and expect them to be at the doorstep of your house at a short notice. Avoid the hassle by making sure that these are covered by your insurance policy.

Personnel Effects

You might have some high priced pieces of jewelry or some knickknacks or personal collectibles which have strong sentimental value to you. These items should be included in your insurance coverage as these are prone to burglary and theft. Often times high priced items are not included in typical umbrella coverage.

Today is the time to eliminate variables. A few extra dollars to cover additional insurance is nothing compared to the hundreds of thousands that might cause you when disaster strikes. Disasters and other destructive calamities are inevitable and the least we can do is to make sure we can get back on feet afterwards.

The insurance policy we have should be enough to build a new home when worst happens. Carefully study your homeowner’s insurance to make sure that you will not be surprised on what it does and doesn’t cover.