Homeowners Insurance, Consumers misinformed …..
“The NAIC survey found that 33 percent of U.S. heads of household, who own a home and have homeowners insurance, incorrectly believe flood damages would be covered by a standard homeowners or property and liability policy, despite extensive media coverage on Hurricane Katrina victims whose claims were denied because they lacked flood insurance.
“Many homeowners learned the hard way that their insurance policies did not provide flood protection,”….” Homeowners Insurance
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