Home insurance is essential—but many policies have hidden gaps that could leave you vulnerable when disaster strikes.
Here are 4 common coverage gaps most homeowners don’t realize:
1. Sewer or Drain Backup
Standard policies rarely cover water damage from a backed-up drain. If your bathroom floods from below, you’ll need an endorsement to be protected.
2. Replacement Cost vs. Actual Cash Value
If your policy only pays based on depreciated value, you could be left paying thousands out-of-pocket after a fire or storm. Make sure you’re covered for full replacement cost.
3. Earthquake & Flood Exclusion
Most standard policies do not cover earthquakes or floods. In California especially, this protection is critical.
4. High-Value Items Not Fully Covered
Jewelry, collectibles, or firearms may require scheduled personal property coverage. Otherwise, limits are often too low to replace lost or stolen items.
Pro Tip: Review your home insurance policy annually with an independent agent (like us!) to make sure your coverage still matches your home’s value and risk exposure.
At Les Palcsik Insurance Agency, we help you identify and close these gaps—so when the unexpected happens, you’re fully protected.
