State Farm Fire Independent Policy Practice Exam

For antique furniture stored inland that was damaged by flood waters after a hurricane warning, will the policy pay for the damage?

1. True

2. False

3. Only if it was insured specifically

4. Yes, under flood coverage

The correct answer is: False

The policy will not pay for the damage to antique furniture stored inland that was affected by flood waters after a hurricane warning because standard homeowners insurance typically excludes flood damage. Flood coverage must be specifically included in the insurance policy, usually through a separate policy or endorsement, since water damage from flooding is considered distinct from other types of damage covered by standard policies. In this case, while the furniture might be covered under certain circumstances, without specific flood insurance, the damage from the flood waters would not be compensated. Therefore, affirming that the policy will not cover the flood-related damage aligns with the common stipulations found in typical homeowners policies.