Homeowner Insurance Optional Endorsements
Firstly, some perils occur often or are prone in certain areas. So, companies tend to exclude them from coverage. In other words, standard homeowners policy does not include events like this. You would have to buy optional endorsements for additional coverage.
Basic coverage excludes losses from these events:
- Intentional Damage
- Wear and Tear
- Construction Defects
- Frozen Pipes
Adding extra endorsements to a homeowners policy may cost more premium. However, they are worth the added costs. Here are a few optional endorsements that you can add to a basic homeowners insurance policy:
Water back-up and sump discharge coverage
This type of coverage covers damage caused by a blocked drain pipe. It also protects from a failed sump pump.
Guaranteed replacement costs
This pays to rebuild your home completely. As well as, the costs that surpass your policy limits.
Identity fraud expense
This home insurance endorsement pays for losses due to identity fraud. As well as any legal fees. Identity fraud happens if someone steals personal information and uses it without consent. This includes credit cards and social security numbers.
This insures claims of any personal injury. It also includes any injuries that can result from the following:
- False arrest
- Wrongful eviction or entry
- Invasion of privacy
- Slander and defamation
Do you need more information about optional endorsements, standard homeowners insurance, or personal liability coverage? Our team is here to help with your covered loss needs. Call us today at 1-888-949-6289 or visit your nearest Insurance Navy location. Because we care about your convenience, our offices open from 8 a.m. to 9 p.m. CST. Moreover, they are open 7 days a week.
Additionally, we can help you find an insurance quote right on our website. Because we want to help you save money wherever possible, we offer our insurance quotes completely free of charge. By navigating our website, you can also inform yourself about many useful topics, such as coverage for repairing or replacing parts for your car after a crash, how to file a police report, and why you should never admit fault immediately following a car crash.
Lastly, we also have blogs that may help you with any questions you have. For instance, our blogs cover many different topics. From how to keep your car cool in the summer, to proper steps to take after Godzilla damages your car.
*Please review your own policy for details on homeowners insurance. Homeowner’s insurance varies by insurance company and policy.