Is You Home Covered for a Flood?
According to a National Association of Insurance Commissioners (NAIC) survey,
- 33% of U.S. heads of household incorrectly believe flood damages would be covered by a standard homeowners policy, despite extensive media coverage on Hurricane Katrina.
- 68% think vehicles stolen from or damaged on their property are covered.
- 51% think damages from a break in the water line on their property are covered.
- 37% think damages due to a break in the sewer line on their property are covered.
- 35% think damages from earthquakes are covered.
- 34% think damages from mold are covered.
NAIC provides extensive information, tips and considerations regarding homeowners insurance on its consumer education Web site, Insure U (www.InsureUonline.org). To make sure you have the coverage you need, contact your helpful Stonebraker McQuary Insurance agent.