Insurance
Nov. 20, 2012
What is 'hurricane' insurance?
Consumers and business owners see destruction as the overall result of a hurricane. Unfortunately, an insurance company will see damage done by different elements of the hurricane. By William M. Shernoff of Shernoff Bidart Echeverria
Hurricane Sandy brought, by many estimates, the worst storm destruction ever seen in the Northeast corridor of the U.S. I have heard early reports estimating the damage from $20 to $50 billion. While insurance companies will pay claims depending upon the "cause" of any damage, a home or business owner will see destruction of their life and livelihood.
Few people understand that insurance companies do not see hurricane da...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In