What type of natural disasters does a homeowners insurance policy cover?
Damage caused by most natural disasters is covered, such as fire, hurricane, hail, and lightning. Most policies also include theft, vandalism, explosion, riot, and even falling aircrafts. Basic homeowners insurance does not include loss of property due to floods and earthquakes. A separate policy must be purchased for each. What will happen if my home and its contents are damaged or destroyed by natural disaster? In the event that your home and its contents have been damaged or destroyed by a covered natural disaster your homeowners insurance will pay to have your home rebuilt or repaired. You will be compensated for the loss of personal belongings. It is recommended that you have any valuable items (jewelry, furs etc) appraised and insured for their value. Your homeowners insurance will also provide loss of use compensation. This will pay for hotel bills, restaurant meals and other living expenses while your home is being repaired or rebuilt. What is liability protection? Most homeown
