Quote of the Day - “The first rule of hurricane coverage is that every broadcast must begin with palm trees bending in the wind. - Carl Hiaasen
Hurricane Insurance Depends On Your Coverage And Carrier
Some Mississippians are happy, State Farm is not. Senior Judge L.T. Senter ruled that the flood exclusions in State Farm policies provide no basis for State Farm to deny claims. In other words, State Farm policies cover Hurricane Katrina damage. Judge said, "Of course, I cannot know at this juncture what the evidence will be. But it is my opinion, upon a thorough review of the terms of the State Farm policy, that the damage attributable to wind and rain will be covered, regardless of whether an inflow of water caused additional damage that would be excluded from coverage."
With the new hurricane season just days away, it's welcome news to State Farm policyholders in the region.
That's not the case with Allstate policies, however. Earlier, the same judge ruled that Allstate's exclusions were "drawn quite broadly, and they have the clear purpose of excluding damage caused by inundation from coverage," as quoted in the FindLaw article linked above.
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