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Insuring Your Home From Disasters

Is your insurance policy enough to protect your home? A new report suggests natural disasters are happening more frequently.
(ST. JOSEPH, M0.)  Is your insurance policy enough to protect your home? A new report suggests natural disasters are happening more frequently.

Tornadoes, floods, and wildfires are causing more damage than ever before, that's according to a new report from the Wall Street Journal.

State Farm Insurance agent Gina Conaway says it's crucial to buy appropriate insurance coverage and understand what your policy covers.

"There are a lot of companies that have split deductibles, you may have one amount for your dwelling and your personal property for one occurrence and then a separate wind hail deductible. It's just very important to know what your limits are and what you're covered up to what point and if that's sufficient for you," added Conaway.

The biggest misunderstanding homeowners have is about flood insurance. Conaway says insurance companies do offer back up for sewer and drain as an optional endorsement but if your drain backs up and you don't have this option there isn't coverage.

"Flood is completely different, that's a completely different policy and that's a national government program we can provide that through the government but flooding is not included on any homeowners policy," added Conaway.

A natural disaster often causes more than property damage, it also brings a flood of emotions. Experts say losing a home to a disaster is similar to losing a relative.

"Everyone's there to support you immediately but as you move on a little further away from that event then people go back to their normal lives and your life is still tragically impacted," stated Disaster Program Manager with the Red Cross, Karla Long.

With the latest round of storms in northwest Missouri, experts say it's better to be safe than sorry. Even with an insurance policy in place, storms  impact families financially.

The American Red Cross does assist by meeting those immediate emergency needs but says every family needs a plan.

"You can't stop the tornado but you can do things to help your families stay safe. You can also have a disaster supply kit in your home," added Long.

Experts say it's also important to keep a picture and list of all of your valuables at a separate location in case of an emergency.

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