Am I covered for water damage caused by blocked gutters?
When you take out Property Insurance, if you don’t check the finer details of the policy you’re buying, you could be in for a rude awakening.
It’s fairly common for people to believe that they’re fully covered for the items involved in an insurance claim, only to find that due to ‘exclusions’ in their policy, they’re actually not.
What’s the definition of exclusions?
Exclusions, in relation to insurance policies, are clauses inserted into the terms of a policy which state what items, or events, are not included in the cover provided.
Always read the small print
Poor property maintenance – Maintaining your home is an important part of property ownership. If your roof starts to leak for no other reason than you’ve never cleaned the guttering or allowed tiles to work lose over the years, it’s hardly fair to expect your insurer to stump up for the repair work.