13
May

Exclusions From Your NJ Homeowners Insurance Policy

Exclusions From Your NJ Homeonwers Insurance Policy.jpg

Are you aware of what your NJ Homeowners Insurance Policy covers? Many people believe that they’re covered for everything under the sun. This is certainty not the case when reading the fine print!

Most NJ homeowners insurance policies provide coverage that does not apply to animals,
birds, fish, automobiles and business property; for loss or damage caused
by flood, surface water, water which backs up through sewers or drains,
earth movement, nuclear damage, war, etc.

Personal
liability and medical payments coverages do not apply to the operation, ownership,
use, etc., of any aircraft, automobile, recreational motor vehicle, water
craft powered by more than 50 horsepower motor; bodily injury or physical
damage caused by an intentional act of the insured. It must be noted
that these are a mere sample of property and perils not covered.

A complete
review of your NJ Homeowners insurance policy with your agent is the only way to determine what property is covered
and what perils are insured against. Also, there are specific limits
of coverage on property insured under the homeowner’s policy such
as money, securities, water craft, theft of jewelry, silverware, and/or
guns.

For Insurance in New Jersey, American Insurance Services Agency is your
Insurance Agent of choice. We offer affordable NJ auto, business and
home insurance coverage and policies. Contact us today online or by calling (732)  680-4444.