Storms and Floods, What's Covered?
With our recent efforts to help out with the polar vortex that happened in February, we noticed one huge difference between this storm and others.
In many instances where there is a large storm or hurricane in the US, water often rises from the ground up. Water rising can come from overflowing lakes from major rain or a tsunami. While insurance companies and circumstances can differ, in most cases where there is water damage as a result of water rising from the ground, home insurance will not cover the claim. Homeowner's insurance will typically cover water damage resulting from a leaky pipe, which is what happened during the polar vortex. The storm froze the water in the pipes and made them to burst, which caused it to rain inside many people's homes. All of the clients that we worked with in Texas had covered claims, but during other catastrophe's this may have not been the case. If the city you live in is prone to major storms, we recommend getting flood insurance, as that will give you peace of mind during any major catastrophe.