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Does Your Homeownwer’s Insurance Cover Falling Satellites?

If you own a home in Louisiana, you probably have a lot of insurance, fire, flood, etc. Does your policy cover falling satellites?
The New York Times reports a European satellite is falling to earth. Twenty-five to forty-five pieces of it are expected to survive a fiery reentry. Some fragments may weigh as much as 200 pounds.  Gravity Field and Steady-State Ocean Circulation Explorer (“GOCE”) has been mapping the Earth’s gravitational field. The  satellite was 113 miles above the Earth on Wednesday, and descending at the rate of 2-1/2 miles a day. The descent will accelerate as it falls closer. Impact is expected within the next few days.
Rune Floberghagen, mission manager said,“It’s rather hard to predict where the spacecraft will re-enter and impact.” Goce is part of more than 100 tons of debris that officials expect to fall from space this year. Call your insurance agent & make sure you’re covered!

GOCE
European Space Agency

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