Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Tips on Buying Insurance

By Ben Steverman - 2011-09-14T20:16:16Z

Baloncici/Getty Images

Company Symbol % Change
Berkshire Hathaway Inc BRK/A:US -0.62
5 of 22

Get Disaster Coverage

With disasters in the news, the importance of insuring a home against Mother Nature's bag of tricks is all too clear. Fire insurance won't necessarily pay out if the fire was caused by an earthquake--unless you have earthquake insurance. And coverage for hurricane wind damage might not protect you from the flood caused by the hurricane. (In Louisiana, only 29 percent of households are covered for floods, according to its insurance commissioner.) Flood insurance is available through the federal National Flood Insurance Program for an average of about $600 per year. On coastal areas and beachfront, coverage can be far more costly.