Most standard homeowners insurance policies cover the replacement cost of your home's physical structure and the actual cash value of the insured's personal property. (valuepenguin.com)
Since standard homeowners insurance doesn't cover flooding, it's important to have protection from the floods associated with hurricanes, tropical storms, heavy rains and other conditions. (trustedchoice.com)
Wind / hail and hurricanes are covered by standard homeowners insurance; flood and earthquake policies are purchased separately by homeowners. (iii.org)