Homeowners insurance offers essential protection for your property—but it doesn’t cover everything. Understanding what’s not included in your policy can save you major stress, especially if the unexpected happens.
At ABQ Insurance, we help New Mexico homeowners go beyond the basics to ensure their coverage works when they need it most. If you’re looking for a homeowners insurance quote Albuquerque NM families can trust, we’ll also help you identify and close common coverage gaps—like the ones listed below.
1. Flood Damage
Not Covered:
Damage from flash floods, monsoons, and rising groundwater typically isn’t covered under standard homeowners insurance policies.
How to Fill the Gap:
To be fully protected, you’ll need to purchase a separate flood policy. Even homes outside high-risk zones can benefit from this added protection—especially in areas like Albuquerque where seasonal flooding does occur. We can help you explore your options.
2. Earthquakes and Ground Movement
Not Covered:
Most standard home insurance policies exclude damage caused by earthquakes, sinkholes, or earth shifting—even if it leads to foundation cracks or burst pipes.
How to Fill the Gap:
Ask about an earthquake endorsement or separate policy to ensure your home is covered for these types of events. ABQ Insurance can help you find the right fit for your location and needs.
3. Sewer or Drain Backup
Not Covered:
If a sewer line backs up into your home, the cleanup and repairs can be extensive—and often aren’t included in basic policies.
How to Fill the Gap:
We recommend adding a sewer and drain backup rider. It’s an affordable addition that can save you thousands in the event of a messy surprise.
4. Routine Wear and Tear
Not Covered:
Insurance is designed for sudden and accidental damage, not general wear and tear, mold, neglect, or long-term deterioration.
How to Fill the Gap:
Stay ahead of maintenance, document repairs and upgrades, and ask if home equipment coverage or warranty-style protection is available to help with major systems.
5. High-Value Personal Items
Not Fully Covered:
Items like jewelry, art, and collectibles are usually covered only up to a limited amount—often not enough for high-end or sentimental pieces.
How to Fill the Gap:
We can help you schedule additional personal property coverage for your most valuable items. It offers higher limits and broader protection against loss or theft.
6. Liability Limits Might Not Be Enough
What’s at Risk:
If someone is injured on your property, you could be responsible for medical costs or legal fees. A standard policy offers liability protection—but sometimes not enough.
How to Fill the Gap:
Add an umbrella policy to give yourself extra peace of mind. This can extend liability coverage well beyond your basic policy limits.
Confidence Comes from the Right Coverage
Every home is unique, and so is every policy. At ABQ Insurance, we work one-on-one with our clients to customize coverage, find discounts, and identify hidden risks. Whether you’re buying your first home, moving, or just haven’t reviewed your policy in a while, now’s a great time to make sure you’re fully protected.
📞 Request a homeowners insurance quote Albuquerque NM residents trust—call us today and let’s make sure there are no surprises in your coverage. 505-217-2100
