Homeowners Insurance Riders and Endorsements in Missouri

List of Homeowners Insurance Endorsements for Missouri Residents

Adding a rider to home insurance will look different for everyone. For example, someone with expensive jewelry may have different needs than someone concerned about damage to their utility lines.

Either way, you can find protection and customize your coverage. Here are several popular examples available to homeowners in Missouri:

Scheduled Personal Property Coverage

Adding a jewelry rider on homeowners insurance is possible through Scheduled Personal Property Coverage, a common amendment for homeowners looking to increase their personal property coverage.

However, jewelry coverage isn’t the only thing this rider provides protection for, which includes many high-value items that may exceed the default coverage provided by home insurance to cover them from potential loss or damage adequately.

This includes things like antiques, artwork, collectibles, luxury items, and other expensive personal property.

Home Business Insurance Coverage Endorsement

Enhancing your homeowners policy with an endorsement can significantly boost your coverage for business equipment like computers, allowing you to double your protection.

While standard home insurance usually provides some coverage for items used in a home business, these limits often fall short in the event of a substantial loss and may not even cover property used for commercial reasons without additional coverage.

By opting for home business coverage, you can increase those limits and ensure your business-related items are better protected.
Just keep in mind that this rider doesn’t include liability protection, so securing additional coverage may be a wise choice to fully safeguard your home business.

Builders Risk Insurance

Builders risk insurance, or course of construction coverage, protects structures while they are being built or renovated.

This endorsement provides protection for both residential and commercial projects and is often required for contracts and compliance.

However, this endorsement does not cover workplace accidents or liability, so separate coverage safeguarding against these risks is recommended.

Extended Replacement Cost Coverage

If you’re looking to increase the total policy limits of your dwelling coverage in Missouri, adding an extended replacement cost rider can help.

After facing a major loss, this endorsement provides reimbursement that helps homeowners rebuild using similar materials used to construct the property to accurately restore their homes back to normal.

Utility Line Coverage

We rely on utilities to operate in the modern world yet the lines that connect to your home may end up damaged due to a number of perils and homeowners are responsible for covering such losses.

To avoid paying for these expenses out of pocket, utility line coverage is an affordable home insurance rider available for such losses.

Sump Dump Endorsement

A homeowners insurance sump pump endorsement helps you protect in the event of sewage and water backing up to cause damage to your home. It’s affordable coverage helping you navigate a gross, expensive peril.

Additional Insured Endorsement on Homeowners Policy

An additional insured endorsement on your homeowner's insurance extends coverage to other parties with a financial interest in your home who wouldn’t normally be covered, for a small fee.

Listing lenders, tenants, or other parties as additional insureds protects both you and them from financial losses in case of a covered event. Without this homeowners insurance rider, damages could lead to costly lawsuits.

Umbrella Insurance

Although an insurance rider effectively safeguards various physical aspects of your home and property, liability risks may persist.

If you need supplemental coverage to cover your financial assets from liability risks, an umbrella insurance policy provides homeowners and renters with affordable extra protection.

Watercraft Endorsement Homeowners Insurance Policy

A watercraft endorsement is an add-on to a homeowner's insurance or liability policy that provides coverage for owned or used boats.

This homeowners insurance rider requires the insured to pay a premium and may cover damages from boating activities, docked damages, and medical expenses from accidents.

Furthermore, you are also afforded liability protection related to boating incidents.

Equipment Breakdown Coverage

Coverage for appliances in your home against mechanical or electrical failures includes items such as computers, home security systems, HVAC systems, refrigerators, and more.

However, it's important to note that equipment breakdown coverage does not cover wear and tear. For these types of losses, you’ll likely need to refer to a home warranty for protection.

Identity Theft Coverage

Missouri falls in the middle of the pack when it comes to identity theft risk but there are still plenty of risks homeowners may experience.

From skimming to data breaches, there are several risks to your identity with new scams continuing to pop up.

Having a home insurance rider that protects against identity theft is a great way to affordably provide peace of mind for your personal information that may otherwise remain at risk.

Additional Insurance Riders

Depending on your risks and needs, chances are, you can find a home insurance rider to help you protect against potential perils.

Homeowners insurance in Missouri should be customized to your needs and endorsements are the perfect way to tailor your coverage just the way you like it.

For the best results, ask an agent to assess your risks and determine the best riders for your home insurance policy. Here are a few additional options available:

• Cyber Security Coverage
• Earthquake Coverage
• Inflation Guard Endorsements
• Law or Ordinance Coverage
• Mold Remediation Coverage
• Personal Injury Coverage
• Sinkhole Coverage