Insurance Information Institute: Tropical Storm Fay's Heavy Rainfall Could Cause Property Damage
July 11, 2020
July 11, 2020
NEW YORK, July 11 -- The Insurance Information Institute issued the following news release:
Tropical Storm Fay has the potential to cause wind and water-caused property damage in multiple states on the U.S.'s East Coast, according to the Insurance Information Institute (Triple-I).
Wind-caused property damage is covered under standard homeowners, renters and business insurance policies. Renters' insurance covers a renter's possessions; the landlord insures the structure. . . .
Tropical Storm Fay has the potential to cause wind and water-caused property damage in multiple states on the U.S.'s East Coast, according to the Insurance Information Institute (Triple-I).
Wind-caused property damage is covered under standard homeowners, renters and business insurance policies. Renters' insurance covers a renter's possessions; the landlord insures the structure. . . .