Many people are surprised to learn standard homeowners insurance usually excludes flood or earthquake damage. Hurricane claims also have different deductibles and policies. Differentiating between storm damage caused by high winds or the resulting flooding can also result in multiple claims, deductibles and other unusual issues.
It is important to understand the limits, exclusions and coverage of any homeowners insurance policy especially if you live in an area prone to natural disasters such as hurricanes, flooding or earthquakes. In most cases, you will need to purchase an additional policy to cover these risks.
Remember, most standard insurance policies do NOT provide coverage for floods or earthquakes so plan ahead. There is typically a moratorium placed on purchasing new insurance policies once a storm has been identified so it is not advisable to wait until the last minute.
More tips like this one ...