Eight Things Homeowner's Insurance Doesn't Cover

Sometimes it takes getting hit by a hurricane to realize what your homeowner's insurance actually covers.

Despite all of the press about lawsuits against insurers related to damage wreaked by Hurricane Katrina in 2005, a surprising number of homeowners are still pretty clueless, according to a recent survey by The National Association of Insurance Commissioners.

About two-thirds of homeowners and three-quarters of businesses did not have the additional coverage necessary to cover flood losses from flooding. ...