Is Earthquake or Flood Damage Covered?

A standard homeowners insurance policy does not cover earthquake or flood damage. See list of perils covered by homeowners insurance.

Note that insurance policies generally distinguish between water damage arising from leaking pipes or sprinkler systems in your home (which you may be covered for) and flooding caused by groundwater and weather events. You should check your policy to determine your particular coverage.

Earthquake Insurance

Earthquake insurance can be purchased separately from most insurance companies and is generally issued as an endorsement to your homeowners insurance policy.

Flood Insurance

Flood insurance can be purchased separately from some insurance companies. Depending on the location of your home, you may qualify for federal flood insurance. For more information about flood insurance, visit the National Flood Insurance Program.

Disclaimer: This article is provided for informational purposes only and should not be considered a substitute for professional advice. Please read your policy carefully and talk with your insurance agent to determine your actual coverage, which may differ from that described above.

September 3, 2010