We’ve learned from Katrina and tornadoes in Joplin and Tuscaloosa that natural disasters are no joke. There are still parts of those cities that still look like they were carpet combed. You see empty lots where the owners lacked the money to rebuild or just up and moved from communities vulnerable to nature’s fury.
These photos got me to thinking about homeowner’s insurance and coverage for nature’s angry outbursts. Thanks to Pamela Stevens of TopTen Reviews, I have the skinny for you.
Ugly outcome when the earth roars
In 1971, a magnitude 6.7 quake threw me out of bed, across the room, and dropped a bookcase on me. We were luckier than many in the San Fernando Valley. Stevens writes that if you have private homeowner’s insurance, you can add earthquake endorsements. If you live in California, the California Earthquake Authority offers coverage.
Even if you live where this is a common sight, you can buy tornado coverage as part of your homeowner’s policy. Make sure you get repair coverage for hail, which typically shows up at the same time to hammer dings into even the best vinyl siding.
Don’t assume your homeowner’s insurance will cover damage from flooding. Stevens says you must secure a policy purchased through the National Flood Insurance Program.
You can get fire damage endorsements throughout the country – unless you live in a high-risk area or a long way from the nearest fire station. Stevens says insurance companies can refuse you coverage. To find out if you live in a high-risk zone, check with The National Interagency Fire Center.
Sad to say, most insurers will not offer coverage for radiation damage if you live near a nuclear power plant. Perhaps you should consider using lead when evaluating replacement windows.