The Atlantic hurricane season is fast approaching, as these natural disasters can devastate any home. Taking the necessary precautions to prepare your house for these unpredictable storms is key to limiting damages. However, it’s also important to look at your homeowners insurance policy to see if you are properly insured or if you need to make any changes. Discussing your policy with an insurance agent can help you gain a better understanding of your coverage as we get closer to hurricane season.
Here are a few tips to remember to ensure you are well-prepared for these natural disasters.
Review the Details of Your Policy
Looking at the details of your insurance policy is the first step in making sure you are well-prepared for hurricanes. Typically, a standard homeowners insurance policy isn’t enough to cover all of the damage that can happen to your house due to a hurricane.
Purchasing additional insurance coverage is often recommended, whether it’s flood insurance, windstorm coverage, or even comprehensive auto coverage for protecting your vehicle against hurricane-related damages. Reviewing the details of your policy with your insurance agent can help you understand if you need to make any changes.
Know Your Hurricane Deductible
Another important tip is to understand the hurricane deductible for your home. The deductible can vary with your policy, whether it’s $500, 2%, 5%, or even 10%. For example, a 5% hurricane deductible for a $250,000 home would require you to pay the first $12,500 in damages before the insurance covers the remaining costs.
Making sure you are aware of the hurricane deductible for your policy is essential to ensure you have the money to pay for these costs, as you made need to make changes to your policy to better fit your budget. Contacting an insurance agency is always recommended if you have any questions or concerns about your policy.
Other Items to Consider for Homeowners Insurance
Checking out other aspects of your homeowners insurance policy is key to avoid any unexpected surprises. It’s always a good idea to review your policy limits to see if you need additional coverage. For example, does your homeowners insurance include additional living expenses (ALE), and if it does, for how long?
Double-checking to make sure you have enough insurance coverage to pay for the costs of rebuilding your home and replacing any lost possessions is critical for anyone living in Florida. Typically, you will have a 30-day waiting period before your new coverage goes into effect, as most insurers won’t make changes to your coverage if a hurricane is in the forecast. Staying proactive by planning well ahead of time is always well worth it.
Partner With an Agency to Find the Best Coverage
Many people make the mistake of choosing one insurance provider without getting quotes from numerous carriers. However, partnering with an insurance agency is a great way to compare all of your options to help you find the best coverage to meet your needs. These professionals will make these comparisons for you, which saves you a lot of time and effort. You can also discuss all of your options with an agent, which can help make it much easier to find the right amount of coverage for your home.
Contact Wellcovered Insurance to Learn More Tips
Wellcovered Insurance is an insurance agency that works with more than 30 insurance carriers throughout the United States. Our top-rated agency proudly serves clients in Volusia and Seminole Counties. Our local office also makes it easy for clients to visit us at any time to receive personalized service that isn’t possible from other insurance agencies.
Our main priority at Wellcovered Insurance is to help you find the best insurance to meet your needs while staying within your budget. We also offer many types of insurance, whether you need homeowners, condo, boat, car, RV, commercial property, general liability, and much more. Our team is always available to answer any questions about your insurance policy, as we will return your missed phone call on the same day.
You can receive an auto quote in only 15 minutes, while a quote for homeowners insurance only takes one to two business days. We are continually investing in the latest technology to make it easy to compare quotes with all of the major insurance carriers. Staying active in the local community is also a top priority, as we are members of the Deland Breakfast Rotary and the West Volusia Regional Chamber of Commerce.
Feel free to contact Wellcovered Insurance today to learn more about getting the right coverage for your home!
