Supplemental Coverages

Homeowners policies cover the basics. Depending on your situation, you might need to supplement your policy with additional coverages.

Flood insurance

Homeowners policies do not cover flood damage. The National Flood Insurance Program (NFIP) offers flood coverage in many areas. Local insurance agents sell NFIP flood policies and can tell you about the program in your area.

If a mortgage lender or bank determines a home is in a flood hazard area, the borrower might be required to purchase flood insurance.

Earthquake insurance

If you are concerned about earthquakes, you can get coverage with a separate policy. Speak to your insurance agent about rates and specifics.

Extra coverage (Endorsements)

You might want more coverage for certain items than your policy provides. For an extra premium, you might be able to buy endorsements that expand or increase the coverage on these items. Some of the most common endorsements cover jewelry, art work, camera equipment, coin or stamp collections, computer equipment, and high end tv / home theater.

Umbrella liability insurance

If you want more liability coverage than a homeowners policy provides, you can buy a separate umbrella policy. Because policies vary, make sure the agent or company fully explains the coverage. You may want this if you are concerned about a neighbor bringing suit against you or a visitor to your property if results in injury.

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