Homeowners insurance is one of the most important policies you can carry, protecting your most valuable asset from the unexpected. However, many homeowners mistakenly believe that their home insurance policies will protect them from any damage, only to find there are gaps in their coverage when they try to file a claim. Daniel Oliver, a Farmers Insurance Agent with extensive experience serving Minneapolis, MN residents, wants you to be aware of the things your insurance policy may not cover.

• Floods: You may be aware that flood damage is not covered by your insurer, but the standard policy also excludes water damage caused by sewer backups or seepage through your foundation. Speak to your insurance agent to make sure you have all the additional coverage you need.
• Earthquakes And Sinkholes: Movements of the earth can cause catastrophic damage to your home and everything in it, but unfortunately this damage is not covered by the standard policy. To get coverage for earthquakes and sinkholes, you'll need a special addendum to your policy.
• Losses Due To Ordinances Or Law: You are responsible for any construction or demolition costs related to bringing your house into compliance with local building codes.
• Damage Resulting From Neglect: You also have a responsibility to keep your home properly maintained, so if the insurer determines that neglect contributed to your loss they will likely reject your claim.

As a Farmers Insurance agent, Daniel Oliver has access to policies from one of the nation's leading carriers. Visit his website to learn more, or call (952) 925-4454 for insurance quotes today.