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Subscribe to RSSAs Hurricane Irene gets closer, homeowners aren't the only ones battening down the hatches, Martha C. White reports on msnbc.com: Insurance companies are also taking numerous steps to make sure a strong storm season doesn't blow them away.
Unfortunately, this often comes at the expense of the very homeowners who are counting on their insurance policies to protect them from a financial disaster caused by broken windows, fallen trees and other acts of nature.
"The insurance industry does not like to have to play claims. The idea is to make a profit, so they use many different ways to avoid having to pay claims," says John Garamendi, the former California insurance commissioner.
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This was a very stupid post by msnbc considering the hurricane forecast is reliable for only 48 hours (at best) where it will likely "hit", and its a little late given this is a Friday. So of course most people are not going to paying additional coverage for potential damage from a "hurricane". Most insurance companies dont want to pay anything out even when you have exterior dwelling damage from any storm (ie, Mother Nature) with numerous clauses and fine print.