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Homeowners Guide to Insurance for Home Repairs


Homeownership is a joy, but it comes with its fair share of challenges. 

One of the most significant hurdles homeowners face is dealing with unexpected home repairs. From minor inconveniences like a leaky faucet to major disasters such as roof damage, home repairs can drain your savings and leave you stressed. But with the right maintenance and insurance, you can safeguard your home and your peace of mind.

At a glance:

  • Understanding the limitations and exclusions of homeowners insurance is essential and highlights the importance of considering specialized policies for specific risks.

  • Meticulous documentation, clear communication, and proactive engagement enhance the likelihood of a successful home insurance claim.

  • Proactive maintenance, DIY repairs, and investing in quality materials minimize home repair costs and transform homes into resilient havens against the unexpected.

Types of home repair insurance

When it comes to insurance for home repairs, there are several options to consider. Homeowners insurance coverage, home warranty plans, and specialized policies each have their pros and cons.

Homeowners insurance

You probably don’t think about homeowners insurance as home repair insurance, but that is essentially what it is. It provides coverage for a wide range of damages, including those caused by natural disasters, theft, and accidents. However, the coverage may vary, so it's crucial to understand your coverage limit and deductibles. Apart from property damage coverage, homeowners insurance also provides liability coverage which means you're covered if someone is injured on your property and decides to sue you.

However, homeowners insurance does have its limitations such as insuring high-value items, like jewelry or art collections, which may require additional coverage. In addition, if a repair cost falls below the deductible amount, you'll have to pay out of pocket. Choosing a higher deductible can lower your premium but might result in higher upfront costs during a claim. Keep in mind that traditional wear and tear (e.g. old roofs, decks, plumbing, etc.) are not covered by a homeowners insurance policy. 

Home warranty plans

Home warranty plans are service contracts that cover the repair or replacement of major home systems and appliances.1 Typically, homeowners insurance does not cover general wear-and-tear of appliances, so this is a good plan to have if you’re hard on your appliances or just want to be worry-free. 

Home warranty plans usually involve paying a fixed annual premium, making it easier to budget for home repairs. You can easily contact the warranty provider when a covered system or appliance needs repair. They will arrange for a qualified technician to fix the issue.

However, home warranty plans have a specific coverage limit and might not cover every system or appliance in your home. While the repairs themselves might be covered, you may need to pay a service fee each time a technician visits your home.2

Specialized policies

Some insurance companies offer specialized policies focusing on specific types of risk like flood insurance or earthquake insurance. Specialized policies target risks that might not be covered under standard homeowners insurance and allow homeowners to mitigate risks associated with specific events or conditions that might be excluded from regular homeowners insurance.

While specialized policies offer vital protection, they come at an additional cost and like any insurance policy, specialized policies have limitations, so it's important to discuss homeowners policy options in detail with your insurance provider or independent insurance agent. 

How to choose the right coverage?

Choosing the right insurance coverage involves careful evaluation of your needs and priorities.

First, consider the age of your home, the surrounding environment, and evaluate potential risks. Then, familiarize yourself with the dwelling coverage, personal property coverage, and liability coverage in your homeowners insurance policy. Understanding the limits of each aspect of your policy ensures that you have adequate coverage for your home and possessions.

Once you’ve determined your needs and evaluated your policy, take a look at your deductible. A higher deductible often means lower premiums, but it also means higher out-of-pocket expenses when making a claim. Assess your financial situation and choose a deductible that strikes the right balance for you.

Finally, depending on your location and lifestyle, you may need additional coverage for risks like earthquakes or floods. Discuss your needs with your independent agent or insurance provider to explore suitable options.

What isn't covered by homeowners insurance

While homeowners insurance covers a wide array of situations, there are specific exclusions you should be aware of to avoid disappointments and frustration during a claim.

Exclusions for natural disasters

A standard homeowners insurance policy typically does not cover damages caused by earthquakes or floods, which can result in extensive and costly damages. If you live in an area prone to earthquakes or floods, it's wise to purchase specialized insurance policies tailored to these risks. 

Exclusions related to home repairs and maintenance

Homeowners insurance is not designed to cover the regular wear and tear that occurs over time. As your house ages, components like plumbing, electrical systems, and appliances naturally wear out. Neglecting maintenance, such as failing to fix a leaky roof or ignoring plumbing issues, can lead to gradual property damages. Insurance providers expect homeowners to perform routine maintenance to prevent these issues.

Making a home insurance claim

Filing a home insurance claim can be a daunting process. However, with a strategic approach and careful attention to detail, you can navigate this complex process smoothly and efficiently. 

1. Document damages

The first step in filing a successful home insurance claim is to thoroughly document damage. As soon as you notice any damage, whether it's from a burst pipe, a natural disaster, or vandalism, start taking clear photos and videos. Insurance adjusters can assess the damages more accurately when presented with detailed documentation, which in turn speeds up the entire claims process, getting you closer to the necessary repairs or replacements.

2. Communicate clearly

Provide the insurance company with a detailed account of the damages. Be specific and clear in your descriptions, outlining what happened, when it occurred, and the extent of the damage. Include all relevant information, such as the date and time of the incident, any mitigating factors, and the immediate steps you took to prevent further damage.

3. Stay in contact for maximum success

Once you've filed your claim, stay in contact with your insurance agent or representative. If there are any issues or discrepancies in your claim, proactive engagement allows you to address them promptly.

Common home repair scenarios

Life is unpredictable and so are home repairs. Here are some common scenarios where having the right insurance coverage can make a world of difference:

Water damage

Water damage can wreak havoc on your home. Whether it's a burst pipe, a malfunctioning appliance, or a flooded basement due to heavy rainfall, the aftermath is always devastating. Timely repairs are not merely a necessity; they are a lifeline, preventing further structural decay and thwarting the silent intruder that is mold growth. 

Roof repair

A damaged roof not only mars your home's external beauty but also invites extensive interior harm. In these moments, prompt roof repairs can ensure the integrity of your home remains unshaken.

Appliance breakdowns

Home appliances like HVAC systems and refrigerators are essential for daily life. But what happens when these essential instruments falter? Repairing or replacing these appliances can be costly without the right coverage.

Tips for reducing home repair costs

Prevention is key for minimizing home repair costs. Here are some practical tips to keep your home in optimal condition:

  • Schedule regular inspections and maintenance for your home systems and appliances
  • Learn basic home repair skills to handle minor issues on your own

  • Invest in high quality materials when renovating or upgrading your home

Safeguarding your home

Navigating the complexities of home repair insurance can be overwhelming, but with the right knowledge and the right insurance partner, you can be better prepared to face repair challenges with confidence. Safeguard your home, protect your investment, and enjoy the peace of mind you deserve. 

FAQs: Answering your burning questions

Q: Can I get insurance coverage for home renovations?

A: Some insurance providers offer coverage for home renovations to protect your investment during the construction phase.3 It’s important to discuss your plans with a trusted insurance advisor to ensure you’re adequately protected as many providers also exclude homeowners coverage during construction or renovation.

Q: Will my insurance cover damages caused by pests?

A: Damages caused by pests, like termites, are generally considered a result of poor maintenance and are not covered by standard homeowners insurance. 

Q: How can I get a discount on my homeowners insurance premium?

A: Some insurance companies may offer discounts for home security systems, smoke alarms, and other safety features. Additionally, maintaining a good credit score or bundling your home and auto insurance can potentially lower your premium.

* We provide this information to help you understand insurance. Any coverage is subject to the terms of your policy. Please refer to your policy and declaration page for complete coverage details.

Home Warranty of America. “What Does a Home Warranty Cover?”. HWA. Accessed 10 November 2023. 


Jean Folger. “Does Homeowners Insurance Cover Renovations?” Investopedia. Published 16 August 2023. Accessed 10 November 2023.,insurance%20and%

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About the Author

Alyssa Little | Senior Content Strategist

Alyssa is the Senior Content Strategist at Openly, collaborating with industry thought leaders to provide insightful and informative content in the home insurance space. With over 15 years experience in content marketing strategy, copywriting, and editing, Alyssa has refined her expertise through her work at such companies as Gartner, Nike, and Trupanion. Alyssa holds a BA in History from the University of Puget Sound and an MA in Museum Studies from Newcastle University.

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