Additional insurance also called floating or endorsement is an optional addition to an insurance policy. A home insurance clause modifies basic insurance. By purchasing an additional clause in addition to your standard coverage, you may be able to increase your coverage limits, extend coverage for a particular property, or extend coverage to cover additional risks.

home insurance


Typical home insurance usually includes a number of standard protections, including:

  • Housing coverage
  • Cover other structures
  • Personal property coverage


Any type of standard protection can cover certain risks or dangers listed in your policy. Each standard coverage is also subject to coverage limits and may be subject to restrictions, exclusions, or lower limits. With an additional clause, you can pay more to extend your standard coverage.

Take the example of the protection of personal property. You can restrict the coverage of certain valuables such as jewelry. Here is an example: Suppose your home insurance policy has a coverage limit of $ 50,000 for coverage of personal property. However, your policy also states that personal property coverage has a limit of $1,500 for jewelry. This means that if a fire steals or damages your precious jewelry, for example, you will only be reimbursed up to $1,500 to replace it.

This is where an additional clause comes in. With a general home insurance clause called “Planned Personal Property”, you can increase your basic personal property coverage limits for standard policy to protect certain items of property. value, like jewelry.

Read your guidelines to understand what risks they cover, what coverage limits they have, and what exclusions they have. Your agent can also help you understand the insurance coverage offered by your policy.


Here are some common home insurance clauses that you can add to your policy:

Personal property coverage provided insurance.

An intended passenger with personal property increases the coverage of certain valuables such as jewelry, furs, or antiques. If you purchase additional coverage and plan for your precious asset, increase the coverage limits for your planned items (usually up to the estimated value of each item). This type of additional clause also protects your valuables from the additional risks that a standard policy for homeowners does not cover (for example, the loss or misplacement of your intended items).


Generally, a standard owner policy does not cover damage caused by water from a sump pump or a secure drain. To do this, you must add optional water backup coverage to your policy. Helps repair certain types of water damage. For example, this can help cover the cost of replacing furniture or removing water after an unexpected fuse damaged your home.


Standard home protection in home insurance helps with payment to restore the existing structure of your home to its original condition after a covered claim. However, if your house does not comply with the building rules in force when it is damaged, you may have to pay the difference from your own pocket to list it. If you add optional building code coverage to your policy, you will be responsible for the additional costs of complying with local building codes required for home repairs based on a covered claim.


Standard home insurance does not cover all of your business assets. If you are a homeowner or need more protection for the commercial property that you keep in your own home, you should consider adding commercial property coverage to your policy. This optional type of coverage protects professional items that are kept in your home (for example, the products you want to sell).


If your identity is stolen, you could invest time and money to restore your name. Identity recovery coverage helps you pay for expenses you incur after identity theft, such as B. Legal fees, lost wages, or postage.