Am I covered for direct losses due to fire, lightning, tornadoes, windstorms, hail, explosions, smoke, vandalism and theft?
Yes. The comprehensive and broad form homeowner policy provides coverage for a large number of perils, including all those listed. There are some limits, however, on the amount of insurance you have. Check the dollar limits of insurance in your policy. Make sure you are comfortable with the amount of insurance you have for specific items. For example, the standard policy provides only $6,000 for theft or mysterious disappearance of jewellery. If your jewellery is worth more, you should purchase higher limits. You may wish to add a floater to your policy to cover specific possessions, such as expensive paintings or silverware.
Related Questions
- Am I covered for direct losses due to fire, lightning, tornadoes, windstorms, hail, explosions, smoke, vandalism and theft?
- Am I covered against losses due to fire, lightning, tornadoes, wind storms, hail, explosions, smoke, vandalism and theft?
- Am I covered for losses due to fire, lightning, tornadoes, windstorms, hail, explosions, smoke, vandalism and theft?
