Sneaky homeowners insurance tricks
You think your homeowners insurance policy has you covered? Think again. And watch this video to see what they might not be telling you.
Are you covered for damages caused by animals, for example? If you live in the suburbs, squirrels and raccoons can wreak some havoc with your home that your insurance policy won't be covering. And what about flood insurance? Most policies won't cover personal items ... which of course will be all wet should a catastrophic flood strike your area. Are you over-insured? Under? Have you missed a credit card payment? All of these things could be strikes against you.
Want to learn more? Watch this video. Then do your homework to learn what you are -- and aren't -- covered for under your existing policy.
More from MSN Money:
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Just be wary of the fine print. Most policies don't cover mold, flooding in "encased" areas, like a basement, or accidents in driveways, etc. It's just the insurance industry's way of getting out of paying anything. It's downright disgusting that people don't file claims on the smaller amounts because they fear rising premiums. Isn't that what insurance is for in the first place?
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