Things to Know About Insurance During Hurricane Season

Your Home Is Covered Even If You Evacuate

As long as you have homeowner's insurance and live on the property for the period indicated in your policy (even if it's a vacation home and your policy stipulates that you only live there sometime), your home is still protected against hurricane damage.

Your home is still protected if you choose to evacuate or are compelled to do so. In reality, fleeing before a hurricane is brilliant since you can replace your possessions and property but not your life.

However, once it is safe, you should always return to your home, whether it is your primary residence or a secondary residence. Thus, you can assess any damages, make any necessary repairs, and, if necessary, file a hurricane house insurance claim.

Homeowners Insurance Covers Storm Damage

Homeowners, renters, condominiums, and landlord insurance uniquely cover hurricane damage.

Homeowners receive the most comprehensive storm coverage, but their properties and policies are often the most expensive.

Almost the entire property is covered in the event of a hurricane loss, including the home's structure, other structures on the land, personal items, and additional living expenses incurred if they are forced to relocate temporarily due to storm damage.

Landlords' homes and other structures on the property are protected from hurricane damage, and if the home sustains substantial damage and the tenants are forced to vacate, landlords may be reimbursed for missed rent while the house is repaired.

Renters receive protection for their personal property in hurricane damage, which is essential given that many renters are unaware of how many possessions they own.

When clothing, furniture, gadgets, and other stuff are factored in, many tenants have between $10,000 and $20,000 worth of personal belongings. Since renters insurance is approximately $15 per month, it is a no-brainer to purchase it.

Potentially facing the greatest uphill battle against hurricane devastation are condominium owners. There are several gray areas in condo storm coverage because condo owners do not own all of the property they reside on.

Their things and practically everything within their condo's four walls had sustained hurricane damage. However, if their building experiences significant damage, they may be required to pay a special assessment.

Unfortunately, condo insurance does not cover hurricane-related special assessments (or any special assessments, for that matter). For this reason, every condo owner should acquire loss assessment coverage, which helps pay for special assessments.

Your Comprehensive Auto Insurance Covers Hurricane-related Vehicle Damage

If you have the right policy, automobile insurance can also cover damage caused by hurricanes, which many individuals do not realize. This policy offers comprehensive coverage, considered the standing-still coverage on auto insurance policies.

Comprehensive coverage protects your car from harm caused by the outside environment while parked. That implies it protects your vehicle from a tree blown upon by hurricane winds. It prevents looters and thieves from stealing your car after a hurricane. And it goes much beyond.