Nixon & Lindstrom Blog

Water damage can lead to significant damage and loss for homeowners. Standard homeowner’s insurance policies generally cover water damage from burst pipes. There are things you can do to prevent water damage inside and outside your home, so that you do not have to file claims on your Missouri homeowners insurance that could have been prevented.

Missouri is one of the Midwestern states included in what is known as “Tornado Alley,” the Great Plains area of the United States between the Appalachian and Rocky Mountain Ranges where tornadoes are most frequent. Financial protection for damage from tornadoes is typically included in a standard insurance in MO homeowners’ policy, but check with your agent for details about coverage.

Missouri ranks second in number of farms in the United States, based on U.S. Department of Agriculture statistics. Insurance in MO provides many levels of coverage in this great State where 29 million acres or 66% of the State consists of farm land. Farming is a rewarding profession, but does involve considerable risk, both financial and personal. Farms are unique businesses in that owners both live and work at their place of business; therefore insurance policies address a combination of personal and business needs, and offer financial protection of the family farm.

Do not assume that your standard insurance policies cover everything you need. You may need specialty insurance in MO for some possessions and circumstances. Identity theft is one important area of coverage which is sometimes offered as an inclusion in homeowner insurance but it depends on the policy, and you may need separate coverage for it. Should your identity be compromised, the clean-up process could take as long as a month and may even result in missed days at work. Identity theft insurance coverage may reimburse you for some of the costs incurred.