New Delhi, Aug. 3 -- As heavy rains lash several parts of the country, many homeowners rush to waterproof terraces, seal leaking windows and clear drains. While these preventive measures can reduce damage, they may not be enough to protect against the financial impact of severe monsoon-related incidents.

Insurance experts say heavy rainfall can trigger a range of unexpected losses, from flooded homes and damaged furniture to electrical short circuits and fallen trees. A comprehensive home insurance policy can help cover these risks, provided the damage results from an insured event.

According to Manju Dhake, Head - Insurance Advisory & Partner at 1 Finance, monsoon-related claims are not restricted to large-scale flooding.

"Insurers co...