General Information About Policies

Below we outline some general information about insurance polices.  The information applies to most policies but not all policies.
  • Insurance policies are contracts between you and the insurance company
  • Insurance policies usually only cover sudden and accidental losses
  • Insurance policies may be all-risk or named peril or a combination of both
  • Insurance policies usually do not cover long term or ongoing damage
  • Insurance policies do not cover all types of losses
  • Insurance policies often do not cover sewer or drainpipe losses
  • Insurance policies have exclusions and/or limitations that may apply to your loss
  • Insurance policies usually do not cover maintenance related repairs
  • Insurance policies usually do not cover the repair of the cause of the loss
  • Insurance policies usually requires you to mitigate your damage
  • Insurance policies often have endorsements that add or take away coverages
  • Insurance policies have conditions that you should know