Know What Your Homeowners' Policy Covers - In2town.co.uk

Know What Your Homeowners' Policy Covers - In2town.co.uk

Too many lessons are learned when disaster strikes.  Fires, thefts, and weather events come without warning, and it’s important to understand what your homeowners’ insurance policy covers before you need to file a claim. When Hurricane Sandy headed north, it was downgraded to a tropical storm before it hit New Jersey and New York. Because of the tropical storm downgrade, many homeowners with hurricane insurance were dismayed to discover their insurance did not cover their massive losses. Basic homeowners’ insurance does not cover flood damage, and most victims were unprepared and uniformed.