4 Things That Could Void Your Homeowner Insurance

​Although nobody likes to think about the worst-case situations, it's crucial to protect you and your assets in case the worst happens.

Homeowners insurance is a type of property insurance that protects against damages and losses to a person's home, as well as to the interiors and other belongings inside. This insurance also protects against mishaps in the house or property. However, simply purchasing a policy is not enough.

Here is a comprehensive list of items you must remember to avoid getting into trouble when filing a claim.

Leaving Your Home Unoccupied For a Long Time
You should periodically have a reliable individual check on your house if you intend to be away from it for a long time. 

Your policy will specify how frequently your house-sitter must visit and check on the property. You might not be protected in case of accidents or theft if you are gone for an extended time without having somebody else inspect the property. Before abandoning your residence for a long period, get in touch with your insurance provider to confirm the specifics of your policy.

Illegal Activities Inside Your Home
An insurer can cancel your homeowner's insurance policy due to illegal activity because it is an excluded event under the terms of the policy. 

One example is if you engage in illegal operations in your home, such as growing or producing drugs. Before welcoming short-term visitors, check with your insurance provider to ensure you're covered if something happens to your house while renting out. Your policy may have restrictions relating to residence services.

Disregarding Home Maintenance
Your insurance policy might be voided if you ignore performing necessary household maintenance and repairs. For instance, it might not be covered if you don't fill in the missing roof tiles and your ceilings end up with water damage. Find out what is required of you regarding housing maintenance by speaking with your insurance provider.

Submitting False Claims
If you file false claims and overstate the value of the possessions in your house, your home insurance company may reject them and revoke your coverage. Evidence of ownership is necessary for an insurance claim. It may take the form of invoices, pictures, or other documentation attesting to the worth of the claimed items and your ownership of them.

There may be a payout cap on expensive items like jewelry, works of art, and other valuable items in your home insurance policy. So, if you buy expensive items, check with your insurance provider to ensure they cover their full value.

Conclusion
Always have a homeowners insurance plan to safeguard your residence and personal property. Read your policy carefully and consult one of our agents if you have any questions to prevent doing anything that could make your policy invalidated. 

At UG Insurance Brokerage Inc, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (718) 848-7777 or Click Here to request a free quote. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!