IN Canon-Mac Spring 2016 | Page 37

but most policies require separate insurance to cover flood and earthquake damages. It is important to assess the location of your property to determine if additional insurance is needed, such as flood or mine subsidence. A typical flood policy is broken down into two coverages including building property and personal contents. Building property covers your house, its foundation, plumbing and electrical, central air and heating, attached bookcases, cabinets, paneling and a detached garage. Personal contents coverage applies to clothing, furniture, electronics, curtains, some appliances, freezers and the foods within them, and certain valuables. Coverage varies by policy and additional options can be added depending on where you deem necessary. Flood coverage generally does not cover moisture or mold/mildew that was due to lack of timely remediation, cash, precious metals, or outdoor living space such as decks, fences, patios, landscaping, wells/septic tanks, or pools. Limited coverage is also offered for underground rooms such as basements. In western Pennsylvania, mine subsidence is an additional insurance policy homeowners can choose to purchase. If your home sits on top of an abandoned coal or clay mine, you ar