What Flood Insurance Excludes When Storm Debby Strikes
Friday, 9 August 2024, 16:56
Flood Insurance Coverage: Key Exclusions
As Storm Debby, now a post-tropical storm, approaches, it is important to understand the aspects of flood insurance that may leave homeowners vulnerable. Many people assume their flood insurance will cover damages, but this is not always the case.
Items Typically Not Covered
- Basement contents: Personal items stored in basements are often not covered under standard flood insurance policies.
- Structural damage: Repairs that do not involve water damage may not be covered or may have special requirements.
- Natural disasters: Damage caused by non-flood related events may result in no coverage at all.
Homeowners must review their policies carefully and prepare accordingly if they live in areas prone to flooding.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.