What Does Your Home Insurance Cover?

A "Peril" is a certain risk that may affect or damage your home. This is an insurance industry term, but basically describes the list of mishaps you're protected against. Here's a look at what the Insurance Information Institute says are some of the most common perils covered by a typical homeowners insurance policy:

• Fire and smoke

• Lightning strikes

• Windstorms and hail

• Explosion

• Vandalism and malicious mischief

• Damage from an aircraft, car or vehicle

• Theft

• Falling objects

For an more in depth look at your "Perils" or covered events, please reach out to your local agent, John Rose at 704-366-7779. 

Some Things That Could Affect Your Insurance Coverage & Premium

How well do you know your insurance agent? Have you reached out to your agent in the last year and made any important changes to your policy after the birth of a child, after an accident or an addition to a house or business? 

If you answered "no" to any of these questions, you could be in for a costly surprise when you need to file an insurance claim.  It is so important to review an insurance policy—especially one you may not have looked at for quite some time on a regular basis. You wouldn't wait years to visit the doctor or take your auto in for a check up, would you?.  Here is a great article highlighting some variables that will affect your premium and coverage. 

https://www.cnbc.com/2014/04/14/how-well-do-you-know-your-insurance-policy.html