It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says:
We spend a lot of time in our homes, which is why it’s important to ensure that they’re a safe and healthy environment for ourselves and our families.
Homeowners insurance is supposed to cover catastrophes such as fires, hurricanes and a tree falling through the roof. But there are some much lesser problems that a typical insurance policy can cover. Here are some of the surprising things covered by many home insurance policies. Check with your insurer first to see if you’re covered …