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Most Not Covered By Flood Damage Caused By Hurricanes |
Hurricane Irene Floods Homes
The Insurance Information Institute did a poll this year and determined that 14% of homeowners in the U.S have flood insurance.
The most common type of flooding that is covered by a standard homeowners insurance policy is flooding from a busted pipe, keyword busted; slow leaks that cause damage often are not covered as insurance companies will argue the cause of water damage was due to maintenance that should have been kept up with by the homeowners, even though sometimes the slow leak is somewhere inside a wall where you could have no idea a leak actually exists.
