01.Core Concepts

What is not insured by either Building Property or Personal Property coverage? Damage caused by moisture, mildew, or mold that could have been avoided by the property owner Currency, precious metals, and valuable papers Property and belongings outside of a building Living expenses such as temporary housing Financial losses caused by business interruption or loss of use of insured property Most self-propelled vehicles such as cars, including their parts Source: Federal Emergency Management Agency (F E M A), National Flood Insurance Program, Summary of Coverage, available at http://www.floodsmart.gov