Sen. Trent Lott, R-Miss., has filed a lawsuit against his insurer in a dispute over water damage to his Gulf Coast home, and said he may not run for re-election because of it.

The senator lost his home in Pascagoula, Miss., when Hurricane Katrina ravaged the area in late August. Sen. Lott, in an interview with the Sun Herald, a southern Mississippi newspaper, said his losses totaled around $400,000 after taking flood insurance into account, roughly half of his net worth.

Sen. Lott is suing to have his homeowners insurer, State Farm, pay his remaining loss, which the carrier is denying on the grounds that it involves flood damage, which is excluded by policy language.

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