Are you planning to acquire a home emergency cover? If something like that is in your mind, then you should remember that there are quite a few areas that are not covered by your policy. Therefore, before you apply for a home emergency cover, you need to have a clear idea about the exact areas that will be covered, so that you can add optional coverage to avoid some high risk issues. Here we discuss some major areas that a home emergency cover will not cover:-
Radiator Related Damages
Most policies will not provide coverage for damages that are either caused by a radiator or any other heating source. So, if there is a fire accident caused by the radiator that damages your property, you won’t receive any financial assistance unless you have a special policy.
Electrical damage within any home may be caused by a defective appliance, thunderstorm or bad wiring. This problem will be your primary concern if you live in an old building. If you don’t possess a proper additional coverage, your entire house can be burned down due to an electrical issue.
Internal Water Related Problem
If your house is filled with water due to outbreak of a flood, you won’t receive any type of help from the insurance company. Though flooding may be caused by an outside source or a major problem related problem, the internal water clause mentioned in the insurance clause will enable the company to deny your claim. This is a major reason that you need to consider before acquiring a home emergency cover apart from you homeowner’s policy.
Infestation by Pests
Most people consider calling a pest management company to deal with any pest related problem within their home. However, there are some specific pests that might pose as a bigger threat to your home. For instance, the presence of termites in your home can cause extensive damage to your furniture.
The normal homeowner’s policy will not cover plumbing issues. Therefore, if you want to purchase your policy with the help of a comparison site, you will first need to verify the policy wording to understanding the exact areas that you are covered for. If there is no coverage of plumbing issues, then you will have to bear with a lot of expenses in case there is any leak. An emergency assistance policy can help you tide over the crisis.
Thomas Hughes is a blogger and the digital marketing coordinator for best price financial services. They offer a number of discount insurance products, such as Level Term Life Insurance, Mortgage Life Insurance, Over 50s Life Insurance , Critical Illness Cover and much more.