Insurance mayhem.
by: Christine Zafra
Take a look at your insurance policy. Your policy may seem to be easy to understand after you have glanced at it, but to tell you honestly, insurance policies are a lot trickier than you think. Take this for example.
If your policy includes flood insurance in it, do not rejoice yet. Some insurance companies are wiser than you think. If your house has been damage by mudslide due to the heavy rains that has been pouring for three days in a row, your insurance company might not consider it as something caused by “flood” per se. Most insurance companies consider that as the movement of tectonic plates and not flood related. Be wiser than them. Ask your insurance agent about things.
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