You may have heard; NASA plans a year-long study of reported UFOs.
But did you know home insurance would pay if a spacecraft hit your house?
Really.
In the unlikely event a spacecraft damages your home, most home policies would pay for damages. Falling objects is a “covered peril.”
Here’s what else your home policy probably covers—and doesn’t:
- Damages from hail or fire are covered.
- Tornado and inland hurricane damages are covered. If you live near the Gulf Coast, you’ll likely need a separate windstorm policy.
- Most policies cover water damage from leaks and broken pipes, but there are exceptions. Read your policy to see what’s covered.
- Most policies do not cover damage from water that comes from outside your home. You’ll need a separate flood policy.
- Damages from earthquakes are not covered. Neither are termites, wear and tear, and sewer backups.