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New York homeowners find little insurance help after flood.

Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

Publication Date: 21-FEB-05
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COPYRIGHT 2005 Daily News

Feb. 21--If you think your homeowners insurance covers flooding damage, last week's pipe burst in Queens should serve as a watershed warning.

As dozens of families in Astoria whose possessions were swept away last Wednesday now know, flood insurance is optional -- and the vast majority of homeowners don't get it.

"People look at flood as a natural disaster," said George Mihaltse, a former State Farm Insurance sales...

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