These disasters can be covered by an addition to the homeowner's policy. Even though more than half of all earthquake policies sold in the US are in California, earthquakes have struck in other areas of the country. Just a tremble is enough to crack a foundation. Costs of these policies vary according to the region's vulnerability to earthquakes. A flood is another frequently overlooked event that could cause catastrophic damage to your property.
Flood insurance is available from the federal government for flood-prone areas.
Some private companies also offer coverage for flood damage caused by heavy rains and overflowing creeks and rivers. But there are limits to the total amount of coverage that is available for the home and its contents. Record all identifying information on personal property, including serial numbers and complete descriptions of the items. Videos or photos of furniture, appliances and even the contents of your garage will be a big help when filing an insurance claim. Such documentation speeds up the filing process and often results in faster payouts of benefits.