One thing though I can say however is that I think insurance companies can get pretty picky about paying claims on water damage. The hurricane situation a few years back when insurers took the position that it was flooding that caused damage not the hurricane and, for some reason, flooding was not covered by many homeowner plans. I got a letter from my insurer last year to inform me that I would not be covered by flooding and should I desire coverage I would need an extra cost rider on my plan. The actual cost was only a couple of dollars per month but to me it simply looked like a good way of the insurance companies to deny coverage. So, not being an insurance expert either, I would suggest that everyone contact their agent and get a heads up on water damage coverage. I know I complain a lot about taxes but next on my list is the insurance companies. You can't live without it, or I can't anyway, and every year it seems like coverage is being limited while the premiums go up.