With hurricane season beginning in June, now is the time for homeowners to review their insurance coverage and prepare for the possibility of severe weather. While many people assume their homeowners insurance policy will cover storm-related damage, that isn't always the case, especially when flooding is involved.
Flood damage is one of the most common coverage gaps for homeowners. Standard homeowners insurance policies typically cover wind damage from hurricanes and tropical storms, but they almost always exclude damage caused by flooding. Unfortunately, many homeowners don't discover this limitation until after water has already entered their homes.
