When it comes to home insurance in Florida, one of the most important things to consider is whether your policy covers hurricane damage. Most homeowners’ policies will provide coverage for damage to the structure of the home as well as its contents. There are, however, some important things to keep in mind when purchasing or renewing a policy. Make sure you are familiar with your policy’s hurricane deductible and know what is and is not covered.
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What is a hurricane deductible and how does it work?
A hurricane deductible is an amount of money that homeowners must pay out-of-pocket before their insurance policy kicks in to cover damage from a hurricane. This amount is usually a percentage of the home’s value, and it can vary from policy to policy. For example, a homeowner might have to pay the first $1,000 of damages before their policy covers the rest.
Hurricane deductibles are usually only applied when a hurricane is officially declared by the National Weather Service. This means that if your home is damaged by high winds during a thunderstorm, your regular insurance deductible will apply, rather than the deductible.
What is typically covered by a homeowner’s policy in Florida when it comes to hurricanes?
Home insurance in Florida typically covers hurricane damage. Most home policies will provide coverage for damage to the structure of the home as well as its contents. This includes damage caused by wind, rain, and flooding. There are, however, some important things to keep in mind when purchasing or renewing a policy. Make sure you are familiar with your policy’s hurricane deductible and know what is and is not covered.
For example, damage to fences, sheds, and pools may not be covered. Additionally, any damage that occurs before the hurricane makes landfall may not be covered. It’s important to read your policy carefully and talk to your insurance agent to make sure you understand what is and is not covered.
Are there any other important things to know about home insurance in Florida when it comes to hurricanes?
Home insurance in Florida typically covers hurricane damage. Most policies will provide coverage for damage to the structure of the home as well as its contents. There are, however, some important things to keep in mind when purchasing or renewing a policy. Make sure you are familiar with your policy’s hurricane deductible and know what is and is not covered.
Some home insurance policies in Florida will exclude hurricane damage altogether. Others will have a separate deductible for hurricane damage that is often much higher than the deductible for other types of damage. It’s important to know what your policy covers and doesn’t cover so that you can be prepared financially in the event of a hurricane.
If you’re not sure what your home insurance policy covers, contact your insurance agent or company to ask. It’s also a good idea to review your policy regularly to make sure that it still meets your needs.
How can you make sure you are fully protected in the event of a hurricane?
Making sure you have the right house insurance policy in place is critical in the event of a hurricane. Your policy should provide coverage for both damage to the structure of your home and its contents. It’s important to be aware of your policy’s hurricane deductible, however. This is the amount you will be responsible for paying out of pocket before your insurance coverage kicks in. Be sure to familiarize yourself with what is and is not covered by your policy so that you’re not left with any unpleasant surprises should you need to make a claim. Taking these simple steps will help ensure that you’re prepared for whatever Mother Nature may throw your way.
Finally
A hurricane deductible is the amount of money you must pay out-of-pocket before your insurance policy kicks in to cover damages from a hurricane. This amount can be quite high, so it’s important to know what your policy covers and how much your deductible will be. Homeowners policies in Florida typically cover damage to the structure of the home as well as its contents. However, there are some important things to keep in mind when purchasing or renewing a policy. Make sure you are familiar with your policy’s hurricane deductible and know what is and is not covered.
If you want to discuss options for home insurance, please call us at 561-732-9305 our quoting hours are Monday through Friday from 8:30 AM to 5:00 PM. In addition, you can request a quote online. Please remember, We Handle All the Work, While You Save!
Robert Macoviak is the President of Oyer, Macoviak and Associates. Oyer, Macoviak and Associates is the oldest independent insurance agency in Boynton Beach and has been in business since 1953. Oyer, Macoviak and Associates are vested members of the community who are committed to doing business face-to-face and being your insurance advocate in times of need.
