Property Damage From West Virginia Storm Should be Reported to Insurers Immediately, Says Insurance Information Institute - Flood, Mudslide Damage Not Covered by Property Owners Insurance Policies
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Overview: In this paper the Insurance Information Institute (I.I.I.) describes that windstorm damage is covered under standard homeowners, renters and business insurance policies. Flood, mudslide and mudflow damage are not covered by property owners insurance policies. Flood insurance is available through the National Flood Insurance Program (NFIP), a division of the Federal Emergency Management Agency. Damage from a mudflow (a river of mud) is covered under the NFIP. A mudslide (a slope which becomes over-saturated and collapses) is generally not covered.
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Format: HTML | Date: Jul 2001 | Pages: 2
