What are two major disasters that are not covered by normal homeowners insurance?

Flood damage is excluded from standard homeowners and renters insurance policies. Most insurance companies offer earthquake coverage as a standalone policy or as a guarantee for their homeowners or renters policy. Home insurance covers many of the strange and unexpected worst-case scenarios, such as meteorite falls and riots. Standard home insurance policies generally don't cover natural disasters.

Homeowners who live in high-risk areas have the option of purchasing supplemental insurance to cover natural disasters. This specialized insurance will cost more because of the increased risk. Given the increasing devastation of wildfires in western states, some insurers no longer offer any insurance for homeowners. It allows homeowners in flood-prone areas to purchase flood insurance through private insurance companies, backed by the U.

However, a typical earthquake insurance policy also excludes damage caused by floods, which means that you may need to increase your earthquake coverage with a flood insurance policy, if that concerns you. For example, if a guest sharing a home is injured on your property, the liability insurance under your home insurance won't cover medical bills. You can add home insurance endorsements to cover coverage gaps, or you may need to purchase a separate policy for specific types of damages not covered by home insurance. To get flood coverage, you'll need to purchase a separate flood insurance policy through the National Flood Insurance Program or a private insurer.

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