Home insurance policies include standard terms outlining the situations the policy does and does not cover and the financial limits of the coverage. In many cases, you can enhance the policy by having it cover additional items and situations or increasing the amount of coverage. These changes, known as riders, endorsements, amendments, or floaters, tailor the policy to your needs. If you need home insurance to suit your needs, contact Wai Cheng Insurance Inc., serving the Bay Area, CA.
Valuable Home Insurance Riders
Homeowners pay extra to extend their coverage with riders, but they are worth the money if they adequately protect your assets against loss. Among the home insurance riders people often find valuable are:
Water and Sewer Backup
Standard home policies do not cover water and sewer damage inside your house. This rider does.
Underground Service Lines / Equipment Breakdown
Likewise, standard policies do not cover your property’s water, sewer, and cable lines or the failure of your electrical, plumbing, and HVAC systems. These riders add that coverage.
Scheduled Items
This is a critical rider if you own antiques, jewelry, or collections worth more than a few thousand dollars.
Guaranteed Replacement
Pays the full cost of repairing your home rather than its depreciated value
Ordinance or Law
Pays the additional cost to bring your home up to code
Identity Theft
Covers identity theft-related lost wages, legal expenses, and other costs
Business Assets
Covers home-based business assets
The Wai Cheng Insurance Inc. Difference
Riders protect your home and possessions by ensuring your policy fits your needs. The Wai Cheng Insurance Inc. team, serving the Bay Area, CA, will structure an insurance plan to suit your needs. Stop by our office today or call us at (510) 651-8788.
