8 insurance tips to avoid financial ruin

When disaster strikes, make sure house is covered

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CORRECTION: The original column contained an error in characterizing coverage for fire-related damage from earthquakes. The Insurance Information Institute reports that standard home and business insurance policies typically provide coverage for some types of damages related to earthquakes, "such as fire and water damage due to burst gas and water pipes." Inman News regrets this error.It's springtime and the news is filled with unseasonably late blizzards, flooding, mudslides, tornadoes, hail and devastating fires. In the summer and fall, many areas must prepare for hurricanes. Of course, there also could be an earthquake, a volcanic eruption or a tidal wave. Do you have the insurance coverage you need to protect your home? Many people believe that their homeowner's insurance policy provides protection against most disasters. Sadly, most people don't discover there is an issue with their policy until they have a major claim. In order to protect your home, the first ...