Equipment Breakdown Coverage

Safeco Insurance Company is now offering this optional coverage to its homeowner's clients for only $2 a month. This coverage extends to all essential home systems and personal property due to loss by mechanical or electrical breakdown. Subject to a separate $500 deductible, this new option provides coverage up to $50,000. Call your agent to find out if a similar coverage can be added to your plan.

Some covered items include:

• Washers and Dryers
• Computer Equipment
• Dishwashers
• Refrigerators and Freezers
• Ovens and Microwaves
• Garbage Disposals
• Heat Pumps
• Heating and A/C Systems
• Electrical Service Panels
• Home Security Systems
• Water Heaters
• Well Water Pumps
• Sump Pumps
• Surround Sound Systems
• Swimming Pool Equipment
• Televisions/Plasma/LCD

Water or Sewer Backup Coverage

This is the sort of disaster that most homeowners dread because it is both expensive and unpleasant to deal with. Many homeowner's insurance companies offer this endorsement, which pays for damages caused by water which backs up through a sewer, drain, or sump pump. This optional form is reasonably priced and can vary in what it covers from company to company. Companies base these differences on the source of the water that caused the sewer or drain backup—water originating on the premises, or water that came from a volume of storm water rushing into a city storm drain system, for example. Talk to your agent or review your policy documents for more information

Identity Recovery Coverage

As the above data shows, identity theft is becoming a growing concern for Americans. Fortunately, you may be able to protect yourself for as little as one dollar per month.

Many homeowner's insurance companies are now offering some form of identity recovery coverage. This coverage helps customers to restore their identities if they are stolen by paying lost wages and certain expenses up to the daily and annual limits of the coverage. Some companies also offer help-line assistance and case management services to customers with this coverage.

Earthquake Coverage

Earthquake coverage is sold as additional coverage to the homeowners policy, and damage due to earth movement is not covered unless you add it to your plan. The cost of this coverage can vary significantly from one area to another, depending on the likelihood of a major earthquake.