Homeowners Insurance For Accidental Damage

Standard policies often exclude major natural disasters (like fluvial or coastal flooding). You must purchase a specific, separate flood or natural disaster rider.

These terms are generally synonyms, referring to the portion of the claim you agree to pay out-of-pocket before the Insurer pays the balance. A higher excess lowers your annual premium but increases your risk in a claim.

At least once every three to five years, or immediately after any major life event, such as renovations or moving, as your assets and risk profile change.