Florida is in the height of hurricane season. While no storms are currently declared hurricanes, the National Hurricane Center (NHC) predicts a busy hurricane season with 6-10 hurricanes.
This is a great time for you to re-evaluate your insurance policy. Assessment will confirm if your policy is adequate to correct and replace once a storm hits.
“Waiting until a hurricane watch is disseminated is too late,” says Ellsworth Buck, Vice President of Insurance, Florida's largest independent homeowners insurance agency.
Homeowners Insurance
Be certain to make sure that your homeowners policy covers wind damage. Weather.com reports, wind is responsible for most structural damage throughout a hurricane. Also, consider flood insurance. It must be purchased separately from your homeowners insurance also it takes 30 days to go into effect.
Make sure your coverage limits for belongings and also the home's structure are equal to replacement and reconstruction costs. The particular cash value may be the depreciated value from when you purchased a product. The replacement cost may be the amount you have to purchase the item new.
Ask about temporary accommodations. This will pay for additional living expenses like a hotel and meals in case your home is unlivable due to hurricane damage.
Renters Insurance
Your landlord is responsible for the structure of your rental. However, the renter accounts for harm to belongings. Renters insurance doesn't necessarily cover floods. “Check your renters insurance, because flood insurance coverage is available to buy separately and it is really affordable,” says Ellsworth Buck, Vice President of Insurance.
Auto Insurance
Comprehensive car insurance covers damage not caused by a crash. Including, flooding, hail, fallen rocks or trees and vandalism.
