Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

What the flood do you know about flood insurance?

Reprints
flood

The National Association of Insurance Commissioners on Thursday announced a new online interactive quiz “What the Flood?” intended to nudge homeowners who may not have adequate flood insurance coverage.

Editorial note: Business Insurance Off Beat reporter living below sea level in New Orleans got only five out of seven questions correct and is now calling her homeowners insurer.

Anywho, “not all policies are the same,” the NAIC announced in its call for homeowners (including those living below sea level) to check your policies and consult your agent to confirm that the flood perils highlighted are covered by your insurance.”

The quiz draws attention to the need for additional flood insurance over standard homeowners insurance “to cover a broken levee” (a question the reporter living four blocks from a Mississippi River levee got correct) and that sewage backups will need an “insurance rider” (which said reporter spent a recent evening Googling). 

 

 

Read Next