Wednesday, June 16th, 2004 — The severe storms and tornadoes that began May 27th have left many with damage to their basements. Homeowners in Indiana that are insured under the National Flood Insurance Program (NFIP) may still be curious about what is covered by the insurance plan.
The NFIP defines a basement as any area of a building with a floor that is below the natural ground level on all sides; otherwise, it is considered the first floor.
The following items are covered under building coverage as long as they are connected to a power source and installed in their functioning location:
Sump pumps Well water tanks and pumps, cisterns and the water in them Oil tanks and the oil in them, natural gas tanks and the gas in them Pumps and/or tanks used in conjunction with solar