Outdoor, indoor features that you think are covered by insurance - but are not

Many consumers think their homeowner policy covers everything they own, both inside and on their premises outside of their home. However, you should be aware that most homeowner policies do not cover everything you own.  

Creative Commons Backyard Pool by Alvin Smith is licensed under CC BY 2.0  Here are some common features that people may think is covered by a standard homeowner policy Outside your home:

• Retaining walls
• Pools that sit above and below ground
• Gazebos
• Spas/hot tubs 
• Rockeries and other landscaped areas
• Driveways
• Sidewalks
• Foundations
• Fences
• Pump houses
• Garden sheds
• Greenhouses 
• Playground equipment

Inside your home:

• Collectibles
• Money
• Jewelry
• Artwork 
• Musical instruments

Talk to your agent or broker to find out if items like these are covered.  If coverage isn’t available, you’ll want to maintain and safeguard the property at your own cost, and do the best you can to keep it from damage. It’s a good idea to have a discussion about these types of property before you buy a policy.

Read more about homeowner's insurance. Questions? You can contact consumer advocates online or at 1-800-562-6900.