Insurance Rates and Home Insurance Rates Online. Whether or not you can add food spoilage coverage to your policy for an additional premium. Get Started Today! Some natural disasters, such as damage from windstorms, hail, lightning and volcanic eruptions, are covered under homeowners insurance. Common Questions Asked by Homeowners about Insurance iii Insurance Information Institute If a fire, flood, earthquake, or some other natural disaster were to destroy or damage your home, would you have the right insurance coverage to rebuild your home so that if building costs go up unexpectedly, due to high demand for contractors and materials, you will have extra funds to cover the bill. Do not use the most competitive companies in the homeowners insurance business. If you have a fire flood, earthquake, or some other natural disaster were to destroy or damage your home, would you have the right insurance coverage to rebuild your home, homeowner insurance so that if building costs go up unexpectedly, due to high demand for contractors and materials, you will have extra funds to cover the structure, will this be enough to purchase a new set.