Sometimes it can seem like insurance is a silly creation only meant to make businessmen a lot of money. Maybe it is, and maybe it does. Other times it can come in quite handy, and not always in the situations you think. Here are a few uncommon–but (sometimes) helpful–situations in which you might be covered by your homeowners’ insurance!
- Space Shuttles. If you survive an emergency space shuttle landing or the debris from a lost vehicle high above, then your homeowners’ insurance has you covered. You’ll be able to grab a hotel and eat on the dime of your insurance company, so don’t let these unlikely scenarios get you down. You’re also protected from blimp and helicopter accidents. And other homes.
- Bikes. You have to opt-in to this kind of coverage. If you do, your bike is protected up to 3,000 miles from your home. In other words, if you take your bike on vacation in the states, chances are you can get a replacement if it’s stolen. The same kind of coverage protects you from lost luggage.
- Dogs. Depending on the breed, your homeowners’ insurance will cover a family-owned dog bite. Considering these attacks are relatively commonplace, this is definitely one to keep in mind.
- Accidents. You can be held personally liable for accidents that affect a neighbor’s property, but your homeowners insurance will likely help pay medical, funeral, and legal expenses incurred as a result. A tree in your yard might have fallen on their house, but at least you won’t have to pay for it.
- Children. Kids are also sort of treated as if they fall under the accident clause. If your children haven’t reached thirteen-years-old, then any damage they cause to your property is covered by your insurance. Who knew?
- Children, again. If your kids are in college, chances are they’re going to have to deal with stolen property sooner or later. It happens. The good news is this: your homeowners’ insurance covers that property.
- Stones. Not the normal kind, but the graveyard kind. If someone vandalized a family grave away from home, you’re still covered for thousands of dollars of damage. Another one to remember.
The list goes on, so do some research when looking over your homeowners’ insurance policy. Take advantage when you can!