The winter storm that just struck the northeast is another reminder that disasters happen. Some locations like New York City did not fare too badly but other areas such as the east end of Long Island and New England will be digging out for days to come.
From an insurance perspective, there is good news about winter-related damage. Quite simply, it is covered. Nearly every type of damage that you can think of (or at least that I can think of) is covered by standard home insurance policies. If high, blustery winds damage your house or the roof, it is covered. Wind-driven snow or freezing rain that gets into the home because the home was damaged by wind, not a problem from an insurance perspective. It is covered! And, if ice or wind causes a tree or tree limb to fall on a house. Once again… covered. This includes both the damage the tree inflicts on the house and the cost of removing the tree, generally up to about $500. So, that is the good news. And, other types of damage that are covered include:
National Tornado Summit in Oklahoma City.Mother Nature can knock you down, but you can’t let her keep you there. That was my takeaway from a panel of mayors who spoke of recovery and rebuilding at the
Candy is dandy and all that, but on Valentine’s Day, it’s comforting to remember that there are many ways to show your love. At LifeHappens.org, the The Life and Health Insurance Foundation for Education (LIFE) invite you to stop and consider the true meaning of love.
Lynda Baquero and I were discussing our favorite New York City-area ski hills. This led to a great question from Lynda: “what would happen if all my ski equipment gets stolen—either from my car from car or some other location? Am I covered? And, what if I accidentally injure somebody on the slopes? Is there insurance for that?”WNBC-4NY reporter
Long story short: next to a good helmet, your best protection on the slopes is to understand what’s in your insurance policy.
CAFE fuel mileage standard (mandated by 2025) means that U.S. carmakers need to get serious about fuel efficiency. Really serious.The 54.5 MPG
Drunk Driving? Not funny. Stupid human tricks? Comedy gold!
If there’s a silver lining to the snow, ice and wind that have battered much of the country – other than great conditions for skiing, snowshoeing and other winter sports, that is – it’s that most winter-related damage is covered by insurance.