Mudslide, landslide, and avalanche insurance - shifting ground part 4
Posted: December 3, 2020
The only thing worse than sustaining home damage from a landslide, is realizing that a homeowners insurance policy will not cover the home damage. A standard homeowners insurance policy does not cover damage resulting from earth movement events such as mudslides, landslides, and avalanches. Given that property damage from this type of peril is often significant, homeowners need to understand the potential exposure for these...
Insuring a home on a disappearing lot - shifting ground part 3
Posted: November 23, 2020
Many homeowners dream of owning a beach house. A relaxing and blissful place to get away with friends and family on a regular basis. While a coastal home is certainly an exciting venture, risks remain. One notable concern for homes on the coast is erosion. The long-term damage caused by coastal erosion can be difficult to see due to its slow, seeping nature. In this...
So, your house was swallowed by a sinkhole? Shifting ground part 2
Posted: November 19, 2020
Homeowners must consider all potential hazards in order to make sure their home has comprehensive insurance. One rather unusual and difficult to detect hazard is a sinkhole. The United States Geologic Survey (USGS) defines a sinkhole as “a depression in the ground that has no natural external surface drainage." Basically, this means that when it rains, all of the water stays inside the sinkhole and typically drains...
Earthquake and tsunami insurance - shifting ground part 1
Posted: October 30, 2020
Homeowner insurance policies provide protection from perils such as storms, fires, hail, and wind. Many homeowners, however, do not consider less prominent risks when making a decision about insurance coverage. Earthquakes and tsunamis are two examples of risks that do not happen often but could lead to significant damage. Does a homeowner's insurance policy cover earthquakes and tsunamis? In the below article, we answer this...
Atlantic hurricane season activity
Posted: October 21, 2020
We are still about a month away from the end of the 2020 hurricane season. Yet, we've had several major storms that have wreaked havoc on the US. Some of the most affected areas were within the Atlantic, the Gulf of Mexico, and the Caribbean Sea. Hurricane season takes place between June 1, and November 30. 2020 has been a serious and record-breaking year for...