Your average insurance policy will cover the basics but make sure that you have extra coverage for your unique needs. Below are some common insurance coverage gaps that you should consider looking into:
No Umbrella Policy
Whether or not you’re at fault for an incident in your home, you could still be held liable. If you do not have an umbrella policy, you could be stuck paying hefty fees out of pocket.
No Flood Insurance
Flood coverage is not typically included with your home insurance policy. Make sure you purchase a separate flood policy if you are in a flood zone.
Limited Valuables Coverage
If you have expensive jewelry or collectibles, you will need to purchase a separate policy to cover these items as most homeowners policies only cover items up to a small amount.