LANSING, Mich. (Michigan News Source) – June may have been National Homeownership Month, but Michigan’s severe weather doesn’t follow a calendar. With tornadoes, flooding, and ice storms striking throughout the year, reviewing your insurance coverage for disasters isn’t just smart – it’s essential, according to the Michigan Department of Insurance and Financial Services (DIFS).
Insurance gaps…
DIFS urges Michiganders to closely examine their homeowners and renters policies. Many people don’t realize that basic policies might not cover valuables like jewelry or artwork – and most policies don’t include protection against flooding or sewer backups. These are common and costly issues in Michigan, especially after the intense rainfall and tornado-related threats the state has faced this summer.
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“Having adequate insurance coverage and being prepared for emergencies are keys to protecting your investment,” said DIFS Director Anita Fox. “DIFS encourages all Michiganders to meet with a licensed insurance professional to ensure they have the coverage that meets their family’s needs.”
Prep now, stress less later.
DIFS urges homeowners to go beyond simply reviewing their coverage. It’s also essential to plan ahead financially for your deductible, shop around for a policy that fits your needs and budget, and ensure your insurance documents are stored safely – both digitally and physically. Emergencies are stressful enough without scrambling to locate paperwork or guess what’s covered.
One often-overlooked but vital step? Updating your home inventory. Take fresh photos and videos of your belongings – furniture, electronics, tools, jewelry, appliances, and even the contents of closets and drawers. These visual records can make filing a claim far easier and help ensure you receive fair compensation after a loss. Save these files to the cloud or an external hard drive and back them up regularly. An outdated or vague inventory could cost you thousands in the event of theft, fire, or flood.
Lawmakers to the rescue.
With the recent introduction of the Fix Our Flooded Basements Act, homeowners are being reminded of a critical gap in their coverage. With many homeowners insurance policies not covering flooding and traditional FEMA disaster relief not covering basement damage, mold mitigation, or moisture- related repairs, Michigan lawmakers are working on a legislative fix because these issues can severely impact electrical systems, foundations, HVAC units, and long-term health.
Don’t let a storm wreck your American dream.
With more wild weather likely ahead this year, proactive planning can prevent major headaches – and financial disaster. Consumers needing help with their insurance policies can contact their agents or call DIFS directly at 877-999-6442. More resources are available at Michigan.gov/DIFS.
