Homeowner's Insurance FAQ's
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FAQ Main Page |
| Q. I had a loss, and my roof needs repair. The
company is only willing to pay for repairing part of the roof, even though the
contractor has said that I need to replace the entire roof. |
| A. The company is only obligated to pay the cost
of repairing the part of your roof that was damaged by a covered peril. If the
entire roof needs replacing because of normal wear and tear, you will be
responsible for paying the additional cost. |
| Q. What protection does the personal liability
coverage in my homeowners policy provide? |
| A. This coverage protects you and all family
members living with you against claims or lawsuits resulting from bodily injury
or property damage to others for which you are legally liable. |
| Q. Does my homeowners insurance policy cover
flood damage? |
| Probably not. Most homeowners insurance policies
do not offer protection against flood losses. You should check your policy
under the Section I Exclusions. It would probably be listed under "water
damage." |
| Flood insurance is available through the federal
government's National Flood Insurance Program. It may be purchased through any
licensed property/casualty insurance producer or through many private insurance
companies that are now writing flood insurance under arrangements with the
Federal Insurance Administrator. |
