Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Anthony Battle is a CERTIFIED FINANCIAL PLANNER™ professional. He earned the Chartered ...

A Florida-based property insurer that was recently eliminating coverage for non-weather-related water damage from policies taken out of state-run Citizens Property Insurance Corp. has told agents and ...

1. Why water damage is getting harder to insure Insurers are not trimming water coverage on a whim, they are reacting to a surge in costly claims that rivals wind and hail. Industry data show that ...

After an early 2000s lawsuit, the insurance industry largely began limiting and excluding mold in policies across the U.S. Experts say water and mold claims could become more prevalent as severe ...

Homeowners insurance is an essential purchase to make to avoid financial hardship if your personal property is damaged or you ...

Over the past 20 years, 99% of U.S. counties have experienced a flood event, according to the National Flood Insurance Program by the Federal Emergency Management Agency. While floods can be bigger ...

Water backup coverage can pay for damage to your home if a sewer or drain backs up or a sump pump overflows.

Is is flooding or a hurricane? The difference could be costly. And determining which has often involved legal bills. Only a little more than one in five Florida properties are covered by both flood ...