Exclusions in Homeowner's Insurance

Published: | Updated: January 9, 2017

Table of Contents

Definition - What does Exclusions in Homeowner's Insurance mean?

Exclusions in homeowner's insurance refers to any gaps in coverage for a homeowner's policy. A homeowner's insurance coverage may exclude coverage for certain things because it either deems the peril as too likely to occur or because it has another reason for not covering it. Either way, losses incurred for exclusions in homeowner's insurance will not be reimbursed by the insurer.


Insuranceopedia explains Exclusions in Homeowner's Insurance

There are a wide range of possible exclusions for a homeowner's policy. For example, acts of war, general wear and tear, sudden property value downward shifts, floods, and nuclear disaster damage are all things that may not be covered by a standard homeowner's policy. In addition, certain other perils may only be covered some of the time. Otherwise, they may be excluded. Mold is one of these perils. The circumstance in which the mold accumulates often determines whether or not it is covered or excluded.


How Well Do You Know Your Life Insurance?

The more you know about life insurance, the better prepared you are to find the best coverage for you.

Whether you're just starting to look into life insurance coverage or you've carried a policy for years, there's always something to learn.

Share this:

Connect with us

Email Newsletter

Join thousands receiving the latest content and insights on the insurance industry.