Common myths about home insurance in Napa, CA
It can be costly to discover that you may lose your home even when you have home insurance. Many homeowners in Napa, CA, still haven’t mastered their policy and, unfortunately, learn this after the damage has been done. That’s why Wine Valley Insurance Services recommends studying your policy carefully; learning what is covered, the limit, and how to file a claim successfully. It is also important to learn a few myths and to get the facts. Here are a few myths we thought you should know.
Home insurance covers all water damage
While home insurance policies tend to cover water damage from hurricanes, tornadoes, and blizzards, Flooding is not covered. Despite being a common disaster in Napa, CA, residents have to purchase a separate flood insurance policy to protect their homes from floods.
All your valuables are covered
Home insurance protects your personal property like electronics, clothes, appliances, and furniture but does not cover priceless or extremely expensive items like jewelry, guns, and artwork. Your insurer may request you to buy a separate policy for such items.
Your injuries are covered
As sad as it may sound, your home insurance doesn’t cover your injuries or your family’s injuries. That’s why it is “home” insurance, not “you” insurance. The liability coverage in your policy is designed to compensate other people who may get injured in your home, like a friend’s child drowning in your pool. With that said, you will need to utilize your health insurance to cover your medical costs if you are injured at home.
Older homes are cheaper to insure
In most cases, it’s the exact opposite. Older homes have more faults, which can turn out more expensive to replace and repair. Insurance companies have to be extra careful when inspecting older homes, and some may refuse to cover such houses.
Your home insurance policy will always have exceptions, and different insurance companies have different rules and coverages. Always ask and follow up to learn what your policy covers. For more information about home insurance, please contact Wine valley insurance Services.