If a Meteor Hits Your Home, Are You Covered?

The largest meteor to hit the earth in over 100 years fell in Western Siberia this week, causing a tremendous amount of damage primarily due to the sonic boom the meteor created. Thankfully, no deaths were reported though 1,200 people were injured and there was a great deal of property damage.

This begs the question, if your home is hit by a meteor does your homeowners insurance cover the damage? The answer is yes. Money.cnn.com posed the very question to Robert Hartwig, president of the Insurance Information Institute.

Though it's very unlikely that a meteor would hit your home, you are covered if it does happen (provided, obviously, that you have home insurance).  A more likely event would be "blue ice"  hitting your home from a plane flying overhead.

You can view this video of the meteor hitting Russia here: