The Hidden Gaps in Your Insurance Coverage

Home Insurance Gaps

Flood Insurance: Most home insurance policies don't cover flood damage. It's crucial to get separate flood insurance if you live in an area prone to flooding.

Earthquake Coverage: Like floods, earthquakes aren't typically covered under standard home insurance. You may need a separate policy, especially if you live in an earthquake-prone area.

Valuable Personal Property: High-value items like jewelry, art, or electronics may not be fully covered under a standard policy. Consider additional coverage for these.

Home-Based Business: If you operate a business out of your home, check if your policy covers business equipment and liability. You might need additional business insurance.

Auto Insurance Gaps

Uninsured/Underinsured Motorist Coverage: This covers costs when you're hit by a driver with little or no insurance. It's critical to protect yourself from these out-of-pocket expenses.

Rental Car Coverage: Not all policies cover rental costs if your car is being repaired due to an accident. If you frequently rent cars, consider adding this coverage.

Gap Insurance: If you lease or finance a car, gap insurance covers the difference between what your car is worth and what you owe if it's totaled.

Roadside Assistance: Many policies don't include roadside assistance, which can cover towing and other emergencies like flat tires or battery jumps.

Reviewing your insurance policies to ensure these gaps are covered can prevent unexpected expenses and ensure comprehensive protection.