Allstate Home Insurance Lake Charles Louisiana.

Online Quotes for Allstate Home Insurance in Lake Charles Available 24 Hours per Day!

Allstate Home Insurance Lake Charles LouisianaShopping for insurance can be such a hassle! We at Jeff Davis Insurance make it super easy to help you find the insurance you need at a price you can afford from a number of top rated companies including Allstate Insurance.

Call 337-824-4455 to speak with one of our courteous licensed agents by phone, or if you would rather complete the quotes online click on one of the links listed below:

In a previous article we discussed the liability portion of the typical Lake Charles Homeowners Insurance Policy which consists of Personal Liability and Medical Payments to Others.

Today we will discuss exclusions of coverage. 

Pay Close Attention to Home Insurance Exclusions in Your Policy!

It is very important to read and understand your home and car insurance policy. Some of us may believe the policy consist only of the declaration page that outlines what vehicles are listed and covered property on our home, condo, or renters policy.

The insuring agreement is the small booklet you receive when you purchase a new policy or on renewal of your existing policy.  The insuring agreement is not the declarations page. 

Never under any circumstances assume your insurance policy covers every conceivable type of claims event. 

Making this assumption is dangerous to your financial well-being!

In this article we will begin the initial discussions about exclusions of coverage in the typical Lake Charles Home Insurance policy that would be important for policyholders to pay special attention to.

Because there are a number of exclusions contained in the Home Insurance Policy we will focus our attention on the first exclusion listed by most companies. 

Allstate Home Insurance Lake Charles – Losses We Do Not Cover under Coverage A and B:

Flood, including, but not limited to surface water, waves, tidal water or overflow of any body of

water, or spray from any of these, whether or not driven by wind.

This exclusion seems simple enough…any type of flooding that comes from an outside source is excluded.

A study was completed by the National Association of Insurance Commissioners and they found that 1 out of every 3 homeowners thought that flood damage is covered by their home insurance policy!

There are approximately 74 million owned homes in the United States.

So if we were to assume that one third of all homeowners believe their home insurance policy covers flood damage, this would mean over 24 million individuals have mistakenly concluded they are covered for flood damage! (When in fact they are not)

Even worse, only around 14% of homeowners have a flood insurance policy.

This sets the stage for many individuals and families to learn a financial lesson the hard way if their homes or possession are damaged by a flood. 

Why Are so Few Individuals Aware That Flooding from an outside Water Source Is Not Covered by Their Home Insurance Policy?

It may be for this reason:  Certain types of flooding events occurring inside your home might be covered by the typical homeowner’s insurance policy.

Next week we will discuss a claims scenario involving a home being flooded that is usually covered by homeowners insurance… Don’t miss this issue! 

Allstate Home Insurance Lake Charles – Online Quotes Available 24/7!

As a leading independent insurance agency in Lake Charles we proudly represent a large number of companies offering competitive solutions for condo, landlord, renters, and homeowners insurance in Lake Charles.

Click on the below links for online quotes 24/7 from Allstate Insurance and other top rated companies:

Or call us Monday – Friday 8:30 A.M – 4:30 P.M by dialing 337-824-4455.

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