Homeowners catching insurance break from effects of Sandy
Posted: Nov 5, 2012 11:57 AM EDT | Updated: Nov 6, 2014 1:48 PM EDT
It looks like calling Sandy a “Superstorm” as opposed to a hurricane could save homeowners thousands.
Homeowner’s insurance policies in coastal states often have a clause against damage caused by a hurricane.
New York's governor has said insurers should not treat Sandy as a hurricane because it did not have sustained hurricane force winds when it hit New York.