Why a Regular Homeowners Insurance Policy Isn’t always Enough
Most homeowners assume their insurance covers everything, but standard policies often leave gaps that can cost thousands if disaster strikes.
1. Natural Disasters Aren’t Always Covered
Most standard policies exclude floods, earthquakes, and landslides—even in Central Oregon. For example, flooding from snowmelt or a rising river isn’t covered without separate flood insurance. Earthquakes also require additional coverage. Lacking these, homeowners risk large repair bills.
2. Limited Coverage for High-Value Belongings
Standard policies limit coverage for valuables such as jewelry, art, collectibles, and electronics. For full protection, add an endorsement or rider.
3. Inflation and Rising Construction Costs
Rebuilding often costs more than your original policy covers. If limits are outdated, you might be underinsured. Adding extended replacement coverage or reviewing your policy helps keep protection up to date.
4. Liability Protection May Not Be Enough
Standard liability coverage usually stops at $100,000–$300,000. One serious accident could exceed this, but umbrella insurance can add $1 million or more in extra protection for peace of mind.
Protect What Matters Most with Howard Steele Agency
Don’t wait for disaster to learn your policy’s gaps. The Howard Steele Agency in Bend helps you review coverage, find gaps, and customize your protection.
Call (541) 318-8835 today or visit Howard Steele Agency to schedule your free homeowners insurance review. Act now to secure comprehensive coverage—protect your home and future before it’s too late.
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