Tag Archives: Who Pays?

After a meteor struck western Siberia and more meteors threatened the entire globe on Friday, CNNMoney asked the question: Who pays for damage to a home if hit by a space object? Rest easy, “your insurance covers falling objects,” says Robert Hartwig, president of the Insurance Information Institute. In the rare events when meteors have crashed through home owners’ roofs over the years, insurers have paid the damage for those insured, Hartwig says. “Blue ice” — the frozen sewage that sometimes falls from airplanes — is more common and is […]