Jonathan Geissler September 14, 2017 No Comments

Which Catastrophes Does Renters Insurance Cover?

Many tenants assume their property is covered under the landlord’s insurance policy. However, when catastrophe strikes, they may be left with little or no recourse to recover, since their landlord’s policy covers the building or home they rent, but not the personal property stored inside. Renters insurance provides financial reimbursement to cover the tenant’s lost […]

Jonathan Geissler April 26, 2017 1 Comment

Does Your Homeowners Insurance Cover Flooding?

Standard homeowners insurance does not cover flood damage to your home or belongings. Meaning – if you want financial protection against events like hurricanes, storm surges, and overflowing rivers or lakes, you need to purchase separate flood insurance. According to the National Academy of Sciences, flood damage is expected to double every decade for the […]

Michelle Dixon October 15, 2015 No Comments

Emerging increase in Heavy Rainfall and Lack of Homes carrying Flood Insurance

With the recent concern over Hurricane Joaquin, interesting statistics came out in the article “Why don’t property owners have flood insurance?” This article turns back to the destruction caused by Hurricane Sandy, causing $70 billion in damage where “less than half of those affected were insured”. Just a year later, flood damage further resulted in […]