How to secure coverage for the damages caused mud and landslides.
If your home is located in an area that is prone to mud and landslides, then it’s important that you have the right insurance to protect against these disasters. While you might assume that your standard home insurance offers coverage for these damages, this is not the case. Most home policies specifically exclude mud and landslides from coverage under the “earth movement” exclusion. So how can you secure this coverage? Here’s what you need to know.
- Landslide and Mudslide Coverage Options
Homeowners can secure coverage for landslide damages with a difference in conditions (DIC) policy. DIC insurance specifically offers coverage for the perils that standard insurance policies usually exclude. Typically, DIC insurance is issued as a standalone policy, but some insurers may offer you the opportunity to add this coverage onto your existing homeowners policy as an endorsement.
The cost of your DIC insurance is dependent on multiple different factors. For instance, your insurer will take into account the slope of your property, how close your home is to mountains and hills, and the frequency of land and mudslides in your area. Obviously, the higher your risk for land and mudslide damage, the higher your DIC insurance rates will be.
This is how you can secure home insurance coverage for the damage caused by landslides and mudslides. Do you have additional questions regarding your home insurance? If so, then contact the experts at Duane Weber Insurance, Inc. in Kent, Washington today.