If an insurance company can find a way out, they will. Here's your "You're in Good Hands with Allstate," and their good buddies, "Like a Good neighbor, State Farm is There." I don't know what the slogan is for Travelers. What excuses will they dream up for not covering your burned down dwelling ? Apparently a Hurricane is strictly a matter of wind damage, and not anything that might be driven by the wind. What sort of excuse will they use for fires ?
"A US federal court has ruled that insurers do not have to pay for the flood damage in New Orleans following Hurricane Katrina in 2005.
Residential property insurance excludes flood damage, which is covered by a federal programme.
New Orleans residents and Xavier University argued that the insurers should pay because the negligent design of a dam caused the flooding.
The court said the insurers were not liable even if there was negligence.
New Orleans flooded after a dam holding back the Mississippi River was breached in the wake of Hurricane Katrina.
The flooding cost hundreds of lives and caused billions of dollars worth of damage.
The insurers involved in the case were Allstate, Travelers and the mutual insurer State Farm."
