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Five Things You Probably Don’t Know About Your Homeowners Insurance

homeHave you been avoiding digging into your homeowners insurance policy due to the technical jargon? You may be surprised at what you find when you do. Here are five things that you probably didn’t know about homeowners insurance:

1. Your personal belongings may be covered by your homeowners policy even when you’re traveling.
2. Flooding, and other types of water damage, are usually excluded from basic policies; you’ll need a rider for such coverage.
3. Preventative actions, like installing a fence around your pool or adding an alarm system, may reduce your premiums.
4. There may be a time limit on filing claims. If you discover mold or have a break in, contact your insurance company immediately.
5. Document everything so to ensure full and prompt payout. Keep all receipts, document dates and phone calls, keep copies of bills, letters and emails so that you have a clear paper trail.

If you’re in the Idaho Falls area and looking for answers about your insurance policy, or need a new one, contact the Floyd Insurance Group today. We offer auto insurance, property insurance and commercial insurance to Idaho residents.