Common Homeowner Exclusions
Homeowner policies come with coverages for both property and liability. When a policy is written, it is intended to cover the normal functions and operations in a home. Some people have unique liability exposures that could be excluded from coverage under their homeowner policy. Two very common exclusions are farming and business pursuits.
In regards to farming, most everything that has to do with farming would be excluded from coverage on a standard homeowner policy. Even if the owner is simply operating a hobby farm, there is usually no coverage for this type of operation. This person betters into a “farmowner” policy, which while similar to a homeowner policy is designed to take on the extended risks associated with farming.
In regards to business pursuits, if the business is very small and there isn’t foot traffic coming in and out of the home, sometimes there is an endorsement that can be added to the homeowner policy that would extend this coverage. If not, the business owner ought to have a general liability policy in place for his or her business pursuits. This would provide the needed coverage.
Please always remember, McBane Insurance can be home for all of your insurance needs from auto, home, life and health to business.