Surprising Things Insurance Will Not Cover
/ By Charlene Echerivel / Commercial Insurance • Disaster Coverage • Home Insurance • Life Insurance • Personal Insurance • Vehicle Insurance/ • • / 0 Comments

Surprising Things Insurance Will Not Cover

Surprising Things Insurance Will Not Cover

Insurance is a type of contract that provides financial protection to the policyholder against future uncertainties. It is designed to help individuals and businesses manage risks and minimize potential financial losses. However, there are some surprising things that insurance may not cover, which individuals should be aware of to avoid being caught off guard.

Intentional Acts

One of the surprising things that insurance may not cover is intentional acts. Insurance policies typically cover accidental damage or loss, but they do not cover intentional acts. For instance, if you deliberately damage your own property or cause harm to another person or their property, your insurance policy may not provide coverage.

Intentional Acts are not covered by insurance

Natural Disasters

Another thing that insurance may not cover is certain types of natural disasters. While most insurance policies cover natural disasters like hurricanes, earthquakes, and floods, there are some events that may not be covered. For instance, some policies do not cover damage caused by landslides, sinkholes, or volcanic eruptions.

Pests or Insects

Insurance may also not cover damages caused by pests or insects. If your home is infested with termites or rodents, your insurance policy may not cover the damage caused by these pests. This is because insurance policies typically do not cover damages caused by wear and tear or neglect.

pests or insects are not covered by insurance

Cybercrime

Additionally, insurance may not cover damages caused by cybercrime. If your personal or business information is stolen or hacked, your insurance policy may not cover the resulting financial losses. While some insurance companies offer cyber insurance policies, they may not cover all types of cybercrime.

Damage Caused by Recreational Vehicles

Lastly, insurance may not cover damages caused by certain types of vehicles. If you own a recreational vehicle or a high-performance sports car, your insurance policy may not cover damages caused by these vehicles. This is because these vehicles are considered high-risk and may require additional coverage.

In conclusion, insurance is an essential tool to manage risks and protect against financial losses. However, it is important to understand what insurance policies cover and what they do not. Knowing what insurance may not cover can help individuals and businesses make informed decisions about their insurance needs and take appropriate measures to minimize potential financial losses.

3 Surprising Things Insurance Can Cover
/ By Charlene Echerivel / Commercial Insurance • Disaster Coverage • Personal Insurance/ / 0 Comments

3 Surprising Things Insurance Can Cover

3 Surprising Things Insurance Can Cover

The Unusual Trio: 3 Surprising Things Insurance Can Cover

When it comes to insurance, many people think about the standard types such as life, auto, and health. However, insurance policies can cover a wide array of unique and unexpected situations.

Here are three surprising things that some insurance policies cover, which showcase the versatility of the industry and might inspire you to look more closely at your insurance options.

Alien Abduction Insurance

Believe it or not, some insurers offer coverage for alien abductions. This unusual policy was first introduced in the 1980s and has gained traction over the years, primarily as a novelty item. Policyholders who can provide proof of their extraterrestrial experience, such as an implant or eyewitness accounts, may receive compensation. While the likelihood of needing this type of coverage is extremely low, it highlights the creativity and variety in the insurance market.

Alien Abduction Insurance Coverage

Food Spoilage Coverage

No one likes to see their groceries go to waste, but did you know that some insurance policies will cover the cost of spoiled food? In cases where a power outage or appliance failure leads to food spoilage, specific home insurance policies may cover the costs of the lost groceries. This unique coverage is a prime example of the many additional benefits that can be found in various insurance policies, beyond the standard protections.

Volcanic Eruption Coverage

While most people don't live near an active volcano, those who do may find themselves with the unique option of volcanic eruption coverage. This specific coverage can protect against damages caused by lava flows, ash, and other volcanic hazards. While it's a highly specialized form of coverage, it demonstrates the importance of tailoring insurance policies to address unique risks in specific geographic locations.

Volcanic Eruption Coverage

Unconventional Insurance Coverage Options: Protecting Against the Unexpected with Intelli Choice Insurance

These examples of surprising coverage options highlight the diversity of the insurance industry and emphasize the need for potential policyholders to fully explore their options. As a Dave Ramsey Trusted Provider, Intelli Choice Insurance is committed to helping customers find the best rates and coverage for their unique situations.

Contact us today to discover the perfect insurance policy for your needs, whether you're looking for protection against alien abductions, spoiled groceries, or something more conventional. Visit our website  and explore our blog for more helpful tips and information.