Baker Insurance Agency
Homeowners Misunderstandings


Baker Insurance Agency


According to a National Association of Insurance Commissioners (NAIC) survey:
  • 33% of U.S. heads of household incorrectly believe flood damages would be covered by a standard homeowners policy, despite extensive media coverage on Hurricane Katrina.
  • 68% think vehicles stolen from or damaged on their property are covered.
  • 51% think damages from a break in the water line on their property are covered.
  • 37% think damages due to a break in a sewer line on their property are covered.
  • 35% think damages from earthquakes are covered.
  • 34% think damages from mold are covered.

NAIC provides extensive information, tips and considerations regarding homeowners insurance on its consumer web site, Insure U. The entire site is also available in Spanish, Insure U Espanol.