What does Exclusions in Homeowner's Insurance mean? Read on to discover the definition & meaning of the term Exclusions in Homeowner's Insurance - to help you better understand the language used in insurance policies.
Exclusions in Homeowner's Insurance
Exclusions in homeowner's insurance refers to any gaps in coverage for a homeowner's policy. A homeowner's insurance coverage may exclude coverage for certain things because it either deems the peril as too likely to occur or because it has another reason for not covering it. Either way, losses incurred for exclusions in homeowner's insurance will not be reimbursed by the insurer.
We hope the you have a better understanding of the meaning of Exclusions in Homeowner's Insurance.