Buying a home is one of the most important investments you will make, and your home should be protected properly in the event of a hurricane.
The best time to ensure you are covered properly is before a storm heads your way. Once the federal government issues a hurricane watch or tropical storm watch, your insurance company no longer offers additional insurance coverage.
What is Hurricane Insurance?
Actually, hurricane insurance as a specific, separate type of policy doesn’t exist. The term “hurricane insurance” usually refers to a hurricane deductible on a homeowners insurance policy. It is an additional amount that a homeowner must pay before the insurance company will cover the damage or destruction caused by a hurricane.
What is the difference between Hurricane Insurance & Flood Insurance?
Generally, flood insurance covers water coming into your home from off of your property. Hurricane insurance is for wind damage from a storm over 74 mph, not flooding.
During a hurricane, most homeowners insurance policies cover damage caused by wind and rain. Before paying out for damage caused by a tropical storm, insurance companies may impose a separate wind, named storm, or hurricane deductible.
We can assist you in selecting the best coverage at the most cost-effective rate. As your trusted specialists in home insurance, you can rely on us.
Contact the homeowners insurance experts at McShea Insurance to review your home insurance needs.