3 ms·
Also flooding is not covered in the vast majority of home owners polices.
by hitpointdrew 7y ago
Also flooding is not covered in the vast majority of home owners polices.
- lotsofpulp 7y agoInsurance is only economical for unpredictable, rare circumstances. Flooding is basically guaranteed in certain areas, so it would be crazy to offer insurance for it, as it would simply turn into a payment plan for a future expected expense. Much like health "insurance" exists in the US.