Covering the Gaps in Your New York Homeowners Insurance

Earthquake Insurance, Flood Insurance, and Mudslide Insurance

In insurance, a peril is an exposure to an event that may cause damage to your home. New York New York homeowners insurance covers the most common perils one would probably be exposed to in owning a home. Fire, lightning and internal explosion (like a furnace exploding) are examples of perils covered on most New York homeowners insurance policies. However, that one may want coverage for other perils.

Don't Underestimate Your Exposure to Natural Catastrophes

Americans tend to be an optimistic bunch—which is typically a good quality to possess. A key exception, however, concerns our impressions that we are very unlikely to ever experience a devastating natural disaster. As you know, 2011 has already proven to be one of the very worst for natural catastrophes in decades. This reason alone should cause you to systematically consider your exposure to natural disasters and take sound action to mitigate these types of losses if one were to occur. Here are a few ideas for properly handling your exposure to natural disasters.