Homeowners Insurance Riders and Endorsements in Tennessee

Scheduled Personal Property Coverage

A jewelry rider, available through Scheduled Personal Property Coverage, allows homeowners to enhance their insurance by covering high-value items beyond the limits of a standard policy.

This homeowners insurance rider isn’t limited to jewelry—it also protects valuables like antiques, artwork, collectibles, and luxury items from potential loss or damage, ensuring these prized possessions are fully safeguarded.

Home Business Insurance Coverage Endorsement

If you work out of your home then adding the right protection is essential for protecting against potential risks.

Having a home business endorsement on your homeowners policy provides protection for commercial equipment, such as computers, printers, etc.

While standard home insurance may provide some coverage for home business items, it often falls short and some carriers may not offer protection at all.

Opting for additional coverage is essential, but keep in mind that liability protection is not included.

Builders Risk Insurance

Builders risk insurance, also known as course of construction coverage, is a rider for homes that are either being constructed or undergoing renovations.

This is a protection some homeowners may forgo, leading to significant costs in the event of a loss, as residential properties may not be covered by a standard home insurance policy.

Workplace accidents aren’t included in your protection, as additional coverages may be necessary to avoid liability, however, it’s worth exploring your options when building your home or taking on a home improvement project.

Extended Replacement Cost Coverage

You can increase the policy limits under your dwelling coverage in Tennessee by adding an extended replacement cost endorsement.

If your home is damaged, your rider will help cover the cost of construction by using the same types of building materials to better restore your household back to normal.

Utility Line Coverage

In today's world, we depend on utilities more than ever, but the lines connecting to your home can be damaged by various risks, leaving homeowners responsible for the costs.

Utility line coverage is an affordable insurance rider that helps protect you from having to pay for these repairs out of pocket.

Sump Dump Endorsement

Protecting against sewer backup or issues involving your home’s sump dump remains one of the more popular homeowner insurance endorsements available.

These perils are costly, demoralizing, and simply gross to overcome. The right rider will help you restore your home so that you don’t have to face this peril alone.

Additional Insured Endorsement on Homeowners Policy

An additional insured endorsement expands homeowner's insurance coverage to parties with a financial interest in your home, typically for a small fee.

This endorsement can include lenders, tenants, and other stakeholders who may not be automatically covered.

It protects both you and the additional insured parties from potential financial losses resulting from covered events.

Without this home insurance rider, damages could result in expensive lawsuits, highlighting the importance of including additional insureds in your policy.

Umbrella Insurance

The risk of being held liable is an increasingly expensive one for homeowners but umbrella insurance is a safeguard for your financial assets.

This supplemental coverage is available to renters and homeowners in Tennessee, is affordable, and is there for you in the event you are facing a loss larger than your standard policy limits allow for.

Watercraft Endorsement Homeowners Insurance Policy

If you have a watercraft, this endorsement helps you cover potential property damage, including docks, along with liability risks and medical bills.

Even if you only use watercraft and don’t own one yourself, homeowners should consider this protection if they plan to be out on the water.

Equipment Breakdown Coverage

While it doesn’t include general wear and tear, you can protect many of the important parts of equipment within your home.

An Equipment Breakdown Coverage rider can help you restore computers, your HVAC unit, and major appliances.

Again, this isn’t blanket coverage and you may need a home warranty for some losses. Still, this endorsement can be a lifesaver when suffering larger losses that affect vital components of your home.

Identity Theft Coverage

Bad news for Tennessee residents. While the risk of identity theft isn’t the highest in the Volunteer State, it does fall on the higher side of things.

There are several risks affecting residents, such as data breaches and skimming that can put your personal information at risk.

Fortunately, there are home insurance riders that protect you from the risks of identity theft for greater peace of mind while affordably protecting your financial assets.

Additional Insurance Riders

The riders listed above are just some of the possible ways to better customize your homeowners insurance in Tennessee.

As there are several potential risks for your household, your best bet is to ask an agent about your concerns and the options available to better protect your household:

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