As I Said
The Times Picayune
carries an article about one family discovering the truth about their homeowner's insurance: Debate over wind, flood damage rages
I'd forgotten about the $250,000 limit on the flood insurance, but I knew that the insurance companies were going to screw policyholders. If any damage can be shown to be caused by flooding, they will claim everything is flood related. The insurance companies are going to claim massive payouts, but many policyholders will get nothing. Remember that the people in the article filed a claim and that will show up on their records, even though the company doesn't intend to pay them anything.