How Your Homeowner Policy Works
Did you know… there are two main categories of property insurance:
One type that covers you for most perils, and excludes only certain ones. The risks that most companies exclude are: floods; sewer backups; earthquakes; damage from termites, pets, or other animals; damage from mold, mildew, dry rot, and wet rot (unless the damage was the result of a covered peril, such as a water-pipe burst); war; and nuclear accidents and explosions.
Another type of policy is designed to cover only specific, named risks that are listed in the policy. What kind of policy do you have? The only way to know for sure what you have is to look at your policy, or ask your insurance company to spell it out for you.