Homeowners Insurance in all States is designed to protect homes from covered perils which occur on a 'sudden and accidental basis'. Termite damage doesn't occur instantaneously; it is something that deteriorates over time; homes which are well maintained, inspected and treated against termites are highly unlikely to become infected or damaged.
The same is true regarding dry rot, wet rot and slow and unrepaired water leaks. It is imperative for homes to be well maintained as homeowners insurance is not designed to provide monetary reimbursement for the ongoing upkeep and maintenance of homes; if this were the case, premium would be much greater than what we pay today.
Sudden and Accidental is true regarding any covered incident by the homeowners insurance policy; covered perils will include for example items such as Fire, Wind, Hail, Water Damage, Burglary etc... Each of these items would occur suddenly and accidentally.
There is a link providing an online format to obtain a quote and buy home insurance online in multiple States; may be used by Escrow/Closing Professionals, Mortgage Professionals, Real Estate Agents and directly by Consumers. An exemplary online experience for all! http://hda.stillwaterinsurance.com
It would be a good idea to obtain a copy of your State's Homeowners Insurance Form and ask a licensed insurance representative to review the policy form for you and highlight the paragraphs most pertinent to the specific situation. Homeowners insurance coverage forms are not often updated and it may only be necessary to review the main points once to understand the purpose of the policy and coverage afforded.
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The same is true regarding dry rot, wet rot and slow and unrepaired water leaks. It is imperative for homes to be well maintained as homeowners insurance is not designed to provide monetary reimbursement for the ongoing upkeep and maintenance of homes; if this were the case, premium would be much greater than what we pay today.
Sudden and Accidental is true regarding any covered incident by the homeowners insurance policy; covered perils will include for example items such as Fire, Wind, Hail, Water Damage, Burglary etc... Each of these items would occur suddenly and accidentally.
There is a link providing an online format to obtain a quote and buy home insurance online in multiple States; may be used by Escrow/Closing Professionals, Mortgage Professionals, Real Estate Agents and directly by Consumers. An exemplary online experience for all! http://hda.stillwaterinsurance.com
It would be a good idea to obtain a copy of your State's Homeowners Insurance Form and ask a licensed insurance representative to review the policy form for you and highlight the paragraphs most pertinent to the specific situation. Homeowners insurance coverage forms are not often updated and it may only be necessary to review the main points once to understand the purpose of the policy and coverage afforded.