Is It Covered? Burst Pipes
It's a common misconception that water damage from a burst pipe at your investment property is automatically covered. Water Damage from a burst pipe is not included under Basic Form coverage. Broad and Special Form formats of [...]
Is It Covered? Garages, Fences & Other Structures
Some assume coverage for garages, fences, and other outdoor structures is automatically included in their insurance policy as these items are located on the same land as the main house. Coverage for “Other Structures” is [...]
Is It Covered? Theft and Vandalism
Many people are unclear about the differences between acts of theft, vandalism, and burglary, as well as whether or not coverage for those perils is available under the three main policy formats: Basic, Broad, [...]
Is It Covered? Sewer Backup
Many people think their property policy automatically includes Sewer Backup coverage. However, according to the Insurance Information Institute (I.I.I.), most homeowners and business insurance policies do not include coverage for sewer backup unless that specific [...]
Is It Covered? Snow, Ice & Sleet
Did you know that damage from the weight of snow, ice, or sleet is only covered under certain policy formats? For those who invest in more northern or mountainous areas, it is important to [...]
Is It Covered? Aluminum Wires
Many people simply don’t know their policy may contain an exclusion of coverage when a fire results from the use of aluminum wiring. However, many homes being purchased today as investment properties were built during [...]