After a major storm, many homeowners discover an expensive truth: having homeowners insurance doesn’t necessarily mean every type of damage is covered. Most policies cover wind, hail, lightning, and fire, but flooding typically requires a separate flood insurance policy. For a $350,000 home, even a 2% named storm deductible could leave you responsible for $7,000 before insurance begins paying. If water enters your home from the ground up, standard homeowners insurance typically won’t pay for the damage. Have you reviewed your homeowners insurance recently, or have you ever been surprised by something your policy didn’t cover?