Homeowners insurance is one of the most important investments you can make. It protects your home and belongings in the event of a covered loss, such as fire, wind damage, or theft. But that doesn't always cover every situation. That's why it's important to consider homeowners insurance add-ons, also called riders, to make sure you're fully protected.

Here are two homeowners insurance add-ons you might want to consider.

Water Damage Protection

Water damage is one of the most common claims homeowners file. And it's not just from floods or other natural disasters. A burst pipe or leaky roof can cause extensive water damage, too.

Most homeowners insurance policies have some coverage for water damage, but it may not be enough to cover the total cost of repairs. That's where a water damage rider comes in. It can help cover the cost of repairs above and beyond what your homeowners insurance policy covers. This is especially important if your policy has a limit on water damage coverage.

Water damage riders typically cover the cost of repairs for other things like:

• Leaky roofs
• Overflowing toilets, sinks, and bathtubs
• Sewer backups

Some water damage riders also cover the cost of mold removal. This is important because mold can cause serious health problems and is not always covered by homeowners insurance. So if you're just looking for some extra protection against water damage, a water damage rider is a good option to consider.

In some cases, water damage riders have a separate deductible from your homeowners policy. This is done to keep premiums low for people who don't live in areas at high risk for water damage.

Pet Insurance

If you have a pet, you know they're part of the family. And just like any other family member, you want to ensure they're protected in case of an accident or illness. However, a standard homeowners insurance policy will likely not cover your pet, even if it could constitute part of your personal belongings.

Pet insurance is a type of homeowners insurance add-on that can help cover the cost of your pet's medical bills if they get sick or injured. It can also cover the cost of boarding or kenneling your pet if you have to go out of town and can't take them with you.

Pet insurance typically doesn't cover routine care, like vaccinations or check-ups. But it can be a lifesaver if your pet has an unexpected illness or injury. And, like other homeowners insurance add-ons, it can help you avoid paying out of pocket for expensive veterinary bills. 

For more information about homeowners insurance, contact a local agent.