One of the biggest purchases you make is your home. It is an expensive item to own, and its protection is quite important if you want to maintain financial freedom. After all, if something happens to your home, it can be quite expensive to fix. Insurance is purchased to help you afford unexpected problems, and this includes homeowners insurance. However, it is important to realize that not every situation is always covered by homeowners insurance.
Before you consider that your entire home, and everything in it is covered, it is important to double check what is actually covered by your policy. You may need to purchase additional insurance coverage if your homeowners policy is lacking. Here are some of the more common items not covered by some homeowners insurance policies:
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