Coverage Gaps You Might Not Know About

The most dangerous assumption? Thinking you’re covered when you’re not. At Tower Insurance, we review thousands of policies a year, and these five gaps show up again and again. Don’t wait for a claim to find out what’s missing.

 

Earthquake and Flood Coverage

These aren’t part of standard homeowners or business policies. In California, that’s a big risk to ignore. Specialized policies can be added ask us how.

Personal Property Limits

Your policy likely caps how much it covers for jewelry, art, electronics, or collectibles. If you’ve never scheduled these items separately, you’re probably underinsured.

Business Interruption Coverage

Even if your building is covered, lost income during repairs might not be. Business interruption coverage replaces income and helps pay expenses during downtime.

Cyber Liability

If you store client data, even just emails or credit card info, you’re at risk. Cyber coverage helps with breach response, lawsuits, and recovery.

Rental Car or Non-Owned Auto Liability

Personal policies don’t always extend to rental vehicles or employees using their cars for business. This leaves a gap that could cost thousands.

 

Insurance should bring peace of mind, not surprises. A quick conversation could uncover a gap that changes everything. Let’s take 15 minutes to walk through your policies together. It might be the most valuable quarter-hour of your year.