Results for tag: "Catastrophe Insurance"

Catastrophe Insurance is a type of property insurance that provides coverage for losses caused by natural disasters such as hurricanes, earthquakes, floods, and other extreme weather events. It is designed to protect homeowners, businesses, and other entities from the financial losses associated with these events. Catastrophe Insurance typically covers the cost of repairs, replacement of damaged property, and other related expenses. It may also provide coverage for additional living expenses incurred while the property is being repaired. Catastrophe Insurance is typically purchased as an add-on to a standard property insurance policy. It is important to note that Catastrophe Insurance does not cover losses caused by human error or negligence. Some companies in the Catastrophe Insurance market include Allstate, State Farm, Liberty Mutual, Chubb, and Travelers. Show Less Read more