Volcanos and Spacecrafts- 5 Strange Things does cover

19 September 2012

Most people have better things to do in their spare time then read through their homeowners insurance policy for fun. However, if you did decide to flip through the pages you might be interested to learn about some of the things your policy covers
that you weren’t aware of. Here are a few things that some policies cover that most homeowners would never think to ask about. (Please note that all policies differ and you should consult your agent for specifics on your coverage).

Volcanic eruptions- Most people don’t live close enough to an active volcano to worry about this one, but if you did- it’s good to know you’d be covered! Most policies will offer coverage for damage caused by airborne debris from a volcano.

Aircraft AND Spacecraft Damage! That’s right, according to some home insurance policies you will be covered if your home sustains damage caused by “contact with an aircraft or spacecraft”.

Vandalism and malicious mischief- Most policies will cover damage or destruction to your home as long as it has not stayed vacant for a certain period of time, for example, for more than 30 or 60 days. However, this portion of a policy doesn’t usually cover theft, burglary or larceny. Theft coverage is typically provided under another provision in your policy and separate coverage limits apply.

Lightning- If lightning strikes your home the resulting damage is usually covered under a standard homeowners insurance policy.

Explosions- Depending on the source of ignition, damage caused by explosions in your home may be covered by a homeowners insurance policy. Most policies, for example, will cover explosions that are caused by an accumulation of gas or unconsumed fuel within the firebox or combustion chambers of a water heater or oven.