After a major disaster like Hurricane Laura, prolonged power outages are common. Nearly 800,000 customers in Louisiana and Texas were without power after the storm. However, most electricity companies do not offer their customers compensation for food loss caused by prolonged power outages.
In the areas of Louisiana and Texas affected by Hurricane Laura, none of the power companies serving these areas provide such compensation, according to Bill Davis of Triple-I.
Insurance companies typically cover up to $ 500 worth of food destroyed by a power outage caused by a covered hazard under standard homeowners insurance policies. Deductible insurance deductions will apply to food damage, but a deductible of $ 500, which most policyholders bear, would mean that the insurance would only pay if the policyholder suffered more than $ 500 in food loss. Some insurance companies offer coverage for food spoilage with a separate deductible for an extra premium.