Does Flood Insurance Cover Basements in Chicago Properties?
Chicago homeowners ask this question for a reason. A basement is often where the water shows up first, whether it starts with a spring storm, a backed-up drain, or a lakefront weather system that dumps more rain than the gutters can handle. In a city where many homes and small buildings have finished basements, storage rooms, laundry areas, furnaces, or even rental spaces below grade, the difference between a covered loss and an uncovered one can be expensive. The short