Surveys indicate many people do not know what their homeowner insurance policy covers.  So you are perfectly clear, pull out your policy and read through it.  It’s tedious, but it’s worth a few minutes of your time and will give you peace of mind.  This step may also help you take action and obtain needed coverage that isn’t in place now.  Most policies do not cover the items listed below:

• Flood Insurance
• Cars, motorcycles and boats
• Damages due to a break in the water line on your property
• Damages due to a break in the sewer line on your property
• Earthquake damage
• Mold damage
• Termites or other infestation damage

Experts recommend you add coverage if you acquire valuable possessions or make major home improvements.  If you own a trampoline or pool, you may need to increase your liability coverage.  If you own valuable jewelry, you may also want to add an additional floater to cover the items not covered by your basic homeowner’s policy.

For more information about homeowner’s insurance, visit the consumer education website InsureUonline.

Please consult your Honolulu insurance professional if you have questions.  Contact Michael Zimmerman if you need a referral to a reliable insurance agent.

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