Homeowner's Coverage Options
You may have arrived at Coverage.org because you were looking for homeowner's insurance. The first thing you'll likely want to know is whether or not you need disaster coverage with your home insurance. Most homeowner's insurance policies, despite popular perception, do not cover all disasters.
The real question is: Do you need certain types of disaster coverage– What about fires, tornadoes, or hurricanes? These are valid questions, and that's why Coverage.org has written this exclusive guide to determining whether you need earthquake, tornado, flood, hurricane, or fire coverage.
Need disaster coverage? Request a FREE, no obligation home insurance quote today!
Your Location Determines Your Disaster Protection Needs
Each individual's needs vary, so make sure to research the risk of certain disasters in your area. The following tips may not apply to everyone, but if you're seeking home insurance and want to know about the basic considerations for disasters, then start by reading below!
- Floods are probably the riskiest type of hazard to your home. It can happen anywhere in the States, so it's a good idea for everyone to get a basic flood policy. It's estimated that a house located in a Flood Zone A has a 1 in 4 chance of being severely damaged due to flooding over the life of its mortgage. Read more about flood insurance.
- Tornadoes have occurred in all 50 states, but there is a particular area in the U.S. known as "Tornado Alley," which is at high risk to home damage. This area is comprised of northern Texas, western Oklahoma, Kansas, the Colorado Plains, Nebraska, South Dakota, Minnesota, and western Iowa. Hurricanes affect coastal states from Texas to Maine. In the Pacific Ocean, Hawaii is particularly at risk. Find more information on your risks for hurricane and tornado damage.
- Earthquakes are a risk for people who live west or just east of the Rockies, as are those in Alaska, New England and the New Madrid fault area along the Mississippi River. Learn more about earthquake insurance protection.
- Wildfires occur in a wide swathe of the western states, especially in the hinterland suburbs that reside near wilderness areas in the Pacific Southwest. Review more information about fire damage.
Start protecting your home today – Request your no obligation home insurance quote now!
Conclusions about Disaster Coverage
As you can see, the risks to your home are very real and should be carefully assessed in the process of searching for home coverage. Coverage.org can help you decide on the right course of action for your home. All you have to do is request more information from us and an experienced home insurance professional can help answer all your questions.
Start protecting your home – request a quote >>
http://moneycentral.msn.com/content/Insurance/Insureyourhome/P59648.asp
http://www.iii.org/media/facts/statsbyissue/homeowners/