Natural disasters are causing more damage, more frequently and inflicting more costly harm, that's according to a report from the Wall Street Journal.
Some insurers are responding by putting stricter limits on their liability losses, according to the paper, so experts say it's crucial to buy appropriate insurance coverage and understand what your policy covers.
According to the Wall Street Journal, one company no longer sells policies that cover wind and hail damage in parts of southern Louisiana.
The paper says one option is an extended or guaranteed replacement policy to lessen the impact on your pocketbook after a storm.
Deductibles for federal flood policies can reach up to $5,000, according to the Wall Street Journal, and there is often a 30-day waiting period for a policy to go into effect.
Lastly, keep in mind that some policies also don't cover a stay in a hotel or temporary apartment.
After the recent storm damage, are you adjusting your insurance policies for future events?
Will you be taking a closer look at the fine print of your car or homeowners' insurance, perhaps even changing providers?
Share your comments here!