August 13, 2019

Homeowners Insurance: Know Your Policy so You Know What is Covered. And What Isn't.

Homeowners Insurance.

Homeowners Insurance is required if you have a mortgage on your property.  But truly, folks, Homeowners Insurance is simply essential to carry if you own a home.  True, you may never make a claim on the policy ... And that would be a good thing!  But if you incur a significant - or perhaps catastrophic - loss such as a fire in your home, the financial burden of the loss may simply be too much for you to bear.

But do you know what is ... and is not ... covered for loss or liability on your Homeowners Insurance policy?  To help you with that question, this post is the first of an occasional post devoted to just that:  Identifying events, losses, and liabilities that are ... or are not ... generally covered under an insurance policy.

Pest Damage
Is Pest Damage Covered Under Homeowners Insurance?

Just discovered you have a termite problem in your home and garage?  Or perhap you've discovered roof rats in your attic, and areas in your home the rodents have chewed through to gain entrance.

If you think your Homeowners Insurance will pay for the termite abatement, or that your insurance will pay for trapping the rodents and repairing the rodent-induced damage to your home, you're out of luck.  Damage from small pests - such as mice, rats, squirrels, and termites - is generally not a covered loss under Homeowners Insurance.  Policies typically define these small pests as "vermin" in the coverage exclusion.

On the other hand, damage from large pests is generally a covered event.  So if a bear smashes its way into your home and consumes the 2 cartons of mint chip ice cream in your freezer and the  pounds of cheese in fridge, the damage to your home, including the is cream and cheese, is generally a covered loss.

Concerned About Homeowners Insurance Matters?
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About Mary Rae Fouts, EA

Mary Rae Fouts, EA provides Tax Services, Insurance Consulting Services, and Expert Witness Services to clients who typically have technical or complex concerns.  For more information visit

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