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In the aftermath of Hurricane Sandy, many people have questions about how insurance works following ... 聽 Damage from flooding, including flooding generated by hurricane-generated storm surge typically is not covered under a standard ...
Hurricane deductibles are incorporated into many of the homeowners insurance ... in 18 states allow property insurance policies to include hurricane deductibles, which are tied to a percentage of a home鈥檚 insured ... than a flat dollar amount. 聽 The states allowing hurricane deductibles include: Alabama, Connecticut, Delaware, Florida, ...
... or rebuild a home if it is damaged or destroyed by fire, hurricane, hail, lightning or other disaster listed in the policy. It will not ... items are covered if they are stolen or destroyed by fire, hurricane or other insured disaster. Most companies provide coverage for 50 to ...
... that occur during a particular calendar year (such as a hurricane), but also because funds set aside to pay claims that occurred in the ... right and cannot be subsidized by profits in other states. Hurricane-related losses to homes in a state like Florida, for example, cannot ...
... damage to homes, businesses and vehicles in six states from Hurricane Katrina, the largest loss in the history of insurance. By contrast, Hurricane Andrew, the previous record holder, resulted in聽聽 $15.5 billion in ...
... about weather conditions. If you hear that an ice storm, hurricane, tornado, flood, hail or other severe weather is expected on the ...