The form · What people assume is covered
The common gaps are perils and sublimits the homeowners form never included. Flood, earthquake, sewer backup, and a home business are the usual ones. This page will not invent a jewelry dollar cap.
An HO-3 is usually open-peril on the dwelling and named-peril on the contents. Flood is excluded on both. Water over the ground, including storm surge, is flood even when the storm had a name. Earthquake and earth movement are usually excluded. A fire that follows a quake may still be covered. The shaking damage is not. Sewer or drain backup is a sublimit endorsement, not the dwelling limit. Ordinance or law, the cost to rebuild to a newer code, has its own limit. Jewelry, guns, and art are limited inside the contents coverage. The dollar cap is on the form. TDI does not print one statewide number. A home business, a room rented on a short-term platform, and an owned boat are often excluded or capped unless an endorsement says otherwise. A personal umbrella does not sit on a loss the underlying form excludes.
Flood, which is the gap people meet first: Texas, one Texas city page, and Colorado. A crack is a different file: foundation damage. What an endorsement actually adds: riders. The base form: coverage, Texas homeowners, and Colorado homeowners.
