Just because you have been able to purchase a house doesn’t mean you cannot make a mistake. But some of the mistakes people make can actually be covered by their homeowners insurance.
The basic premise of an insurance policy is to provide payment to restore the home to the pre-loss condition. As a former public insurance adjuster, I ran across a few incidents that were covered by the homeowners insurance that one normally wouldn’t think were a coverable incident. Here are a few notable ones.
A child decides to paint a bicycle. He gets a can of spray paint, and leans the bike against the house. He then starts to spray. When one side is done, he turns the bike around to spray the other side. When completed, he has a bike with a new color. The overspray remained on the siding. Homeowners insurance paid to replace the siding.
Someone was grilling outdoors. It started to rain, he moved the grill under where the roof was overhanging the patio, which was right next to the house. The heat from the grill warped and melted the siding. Insurance replaced the siding.
These are two examples of the “Idiot Clause” in homeowners insurance. Just because you do something idiotic, doesn’t mean your insurance won’t make it right.