Insurance · Home
In home insurance, what counts is the exclusion you did not read.
Two policies at the same price do not cover the same things. Water damage, sewer backup and earthquake are almost always riders.
What this page covers
- Replacement cost or actual cash value: what the insurer actually pays.
- Water damage, backup, seepage: three separate coverages, routinely confused.
- Deductible, and what one claim does to next year's premium.
For information only — not an approval, and not a rate offer. Figures and rates will follow once rate capture is in place.