Consumers who don't know that's false: 73% Homeowners' insurance covers personal items snatched not just from your house, but also from your car, self-storage unit or other places -- something InsuranceQuotes.com found just 27% of those polled knew. Some 28% thought no insurance covers those losses, while 34% believed incorrectly that auto policies protect you against such thefts. Another 11% either didn't know the answer to the question or refused to provide a response.
Consumers who don't know that's false: 55% Adams says homeowners' insurance typically pays to eliminate mold only if your house develops problems because a storm or some other covered disaster opened the structure up to moisture. If your place gets moldy simply because of a leaky pipe or hole in the roof, expect your carrier to refuse to pay -- saying you should have spotted the problem and fixed it. Nevertheless, 41% of poll respondents thought homeowners insurance does cover mold issues, while 14% refused to answer or didn't know either way. Only 46% of those surveyed got the question right. Myth No. 3: Standard homeowners' coverage protects you from earthquakes
Consumers who don't know that's false: 51% You need separate earthquake insurance if you want to protect your house from temblors -- something just 48% of those polled knew. Some 40% thought standard homeowners' policies do include such coverage, while 11% either declined to answer the question or admitted they didn't know either way. Myth No. 4: Regular homeowners' insurance covers floods
Consumers who don't know that's false: 19% Flooding can cause such extensive damage that not only do regular homeowners' policies fail to cover it, but insurers don't even offer optional coverage. Instead, consumers must buy special policies from the U.S. government's National Flood Insurance Program. But even though Congress created the NFIP nearly a half-century years ago, 18% of people polled by InsuranceQuotes.com -- or nearly one in five -- still thought standard homeowners' policies cover flooding. Another 1% weren't sure of the correct information or refused to reply. (Princeton Survey Research Associates International conducted its poll between April 4-7. The survey has a margin of error of plus or minus 3.7%, and some totals don't add up to 100% due to rounding.)