 TITLE: What Does Homeowners Insurance Cover? CONTENT: What Isn't Covered Under Homeowners Insurance?\n----------------------------------------------\nCertain perils and disasters are not covered by standard homeowners insurance policies. These include floods and earthquakes, which require separate policies if the homeowner wants coverage. In some flood-prone areas, flood insurance is required, according to FEMA, though it's a separate policy from your homeowners insurance.\nHomeowners insurance also doesn't cover routine wear and tear. If this type of coverage is important to you, you could purchase a home warranty that helps cover these types of wear-and-tear expenses, such as broken appliances or electrical issues. Intentional loss is also not covered by homeowners insurance.\nAlso, be aware that while valuables such as jewelry and furs are covered by homeowners insurance, there's a limit on liability for these types of items, according to the Insurance Information Institute. So if you have a diamond ring worth $5,000 that's stolen in a burglary, but your liability for individual pieces is only $1,500, you will only receive a fraction of what it's worth from your insurer. If you own valuables and want to make sure you're covered if anything happens to them, you can either increase your policy's liability limits or take out a floater policy that covers losses your homeowners insurance does not. END