Carlos Barria / Reuters / File
Flood insurance doesn’t apply to all the losses you might incur from a hurricane, including some items of high value. So if a storm surge sweeps your stock certificates, money, or precious metals out to sea, they won't be covered. Also, insurance doesn’t cover damage to your yard or structures in it, such as decks, fences, or swimming pools. A flood insurance policy won’t cover living expenses either, if you have to pay for temporary housing.