What Does Your Property Insurance Policy Actually Cover?

Every policy starts at 100.

How well your policy covers the common gaps Policy Scan checks for. Every policy starts at 100 and loses points for each gap. It is not your Claim Readiness.

Water damage is capped at $10,000 per loss

A water loss bigger than this amount won’t be paid in full, even though your dwelling limit is higher.

The wording in this sample policy: "The most we will pay for all damage caused by the discharge or overflow of water or steam is $10,000 per loss, regardless of the Coverage A limit shown in the Declarations."

Right to repair: the insurer can choose to repair instead of paying

The insurer can send its own contractor instead of paying you, so you lose control over who repairs your home and how.

The wording in this sample policy: "If we elect to repair, we will select the contractor. Our election to repair replaces your right to receive payment for the cost of repairs."

Roof paid at actual cash value once it’s 10 years old

Once the roof reaches that age, roof damage is paid minus depreciation, which can leave you paying for much of a new roof.

The wording in this sample policy: "When the roof surface is 10 years old or older at the time of loss, we will pay actual cash value for damage to roof surfacing."

Hurricane deductible is 5% = $17,500

You pay this amount on a hurricane claim before the policy pays anything. The target is 2%.

The wording in this sample policy: "Hurricane: 5% of Coverage A ($17,500). All Other Perils: $2,500."

Matching is limited to 2% of Coverage A

The policy limits what it pays to make repaired areas match the rest (roof shingles, flooring, cabinets).

The wording in this sample policy: "The most we will pay to repair or replace undamaged material so it matches is 2% of the Coverage A limit."

Mold coverage is only $5,000

Mold removal often costs more than $10,000.

The wording in this sample policy: "The most we will pay for fungi, wet or dry rot is $5,000 per loss, as additional coverage."

62 / 100: Significant gaps.

Six gaps worth confirming, found before any storm, while there is still time to change the policy at renewal.

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Questions about your policy or a claim? Call Homeland first: (305) 783-3777 Florida · (732) 517-3777 New Jersey.

Sample policy with a made-up insurer, scored with the same rules as Policy Scan in the Adjuster Advantage app. Policy Scan and the Coverage Preparedness Score are educational assessments under the Adjuster Advantage by Homeland Public Adjusters framework. They are based on the policy review provided and do not guarantee coverage or claim payment.