What homeowners insurance usually doesn't cover

A homeowners policy lists what it pays for, and an exclusions section says what it doesn't. Flood and earthquake are typically excluded from homeowners and renters policies, and a typical policy leaves out several more risks. Policies vary, so read that section now to see the specific perils yours leaves out.

Flood

Most homeowners and renters policies don't cover flood damage. Flood coverage is a separate policy. It takes effect 30 days after you buy it, with a few exceptions.

Earthquake and earth movement

Earthquakes and other earth movement are typically excluded. Coverage comes from an earthquake endorsement or a separate earthquake policy.

Wear and tear

A policy typically leaves out wear and tear. Read how your own policy words it, in the exclusions section.

Pests

Damage from termites, insects, rats and mice is typically not covered.

Mold

Mold removal is typically limited. Read how your own policy words it.

A house left vacant

Some losses aren't covered if the house has been vacant for longer than the number of days your policy sets. Look that number up before a long trip, a move or a sale.

Trees and shrubs

Wind or hail damage to trees and shrubs is typically not covered.

Belongings with their own limits

Some belongings are covered only up to a set amount. Typical homeowners and renters policies limit what they pay for jewelry and other valuables. Cars and animals are typically excluded from personal property coverage.

An annotated example

What to do next

Open the policy to its exclusions section and read it with your house in mind. Note each excluded risk that could reach you, such as a flood zone, an earthquake region or a vacation home that sits empty. Keep the note with the policy, and read the exclusions again at renewal.