Photo: Luke Sharrett/Bloomberg NewsTexas residents are starting to file insurance claims even as Tropical Storm Harvey lingers, but much of the damage could be excluded from insurance policies. Homeowners’ insurance policies typically cover storm-related damage from wind and hail but exclude flood damage. Many homeowners in federally designated flood zones are required by their mortgage providers to buy flood insurance. Most residential flood insurance is provided by the federal government’s National Flood Insurance Program, which also insures some businesses. Policyholders can call their insurance companies or agents to file claims, or in many cases they can now file claims reports online or via mobile apps.

Source: Wall Street Journal August 29, 2017 09:30 UTC