Thank you for sharing!

Your article was successfully shared with the contacts you provided.
A stranded motorist awaits rescue from the flooded Southfield Freeway in Dearborn, Mich. on Aug. 11. Is his house OK? (AP Photo/Carlos Osorio)

Many metro Detroit homeowners are learning the fine print of their insurance policies after this week’s heavy rains and floods, and are facing the harsh reality that they aren’t covered for their flooded basements.

Flood damage is not covered by standard homeowners insurance policies, and most flood insurance doesn’t cover objects in basements including TVs, computers, sofas, and refrigerators. Common federally backed flood insurance will cover a basement’s foundation walls and drywall and major appliances like furnaces, but not flooring, regardless of how the water got in.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Dig Deeper



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.