Insurance Doesn’t Cover You
It’s sad that you work hard, keep good credit and do everything right to get a home including keeping up with your mortgage and home insurance. Millions found out however after the very bad hurricane seasons of the last two years that at their discretion insurance companies can deny their claims.
It sickened me to watch a woman on the news in tears next to her no longer livable home say that HER insurance company says that her damage was water damage and she’s only covered for wind damage. Even though all the damaged houses around her all were considered wind damaged home. Like she says I guess the wind hit all the homes, split in two to avoid her home before reforming and continuing on it’s war path.
Even if the damage is water damage what she is saying is that her broken windows and other broken damage was from the wind throwing things at her home and through the windows, and of course after that followed the water.
But the companies are standing firm and refusing to pay up, crying poor us. I’m sorry but the reason to pay insurance is to be covered if and when something bad happens. And when you think of how much money in the hundreds you and other’s pay it’s a sad day when you cannot and will not get that money back when you need it. And for the ones who do get paid, they are lucky enough to get maybe $10,000 to cover $50,000 or even $100,000 and more. Lucky them.