Do You Really Need Hurricane Insurance Or Not?
The one question that homeowners do tend to ponder on is this. Do I need hurricane insurance or not? The answer honestly does depend on where you live to be exact. If you live in tornado or hurricane alley. If you dwell in a flood zone or a place that is below sea level. Then the answer is yes. You will need to get flood insurance. It will not be cheap either. It all depends on exactly where you live and if you are in the red zone for hurricanes and flooding on the average. Not everyone needs to have hurricane insurance in this world. However, if you are prone to hurricanes or they are known to happen where you live, then you will require this insurance to protect your property and yourself should a disaster happen from a hurricane or flooding or both.
It Was Hurricane Katrina that opened up people’s eyes about hurricanes
On August 5, 2005, a very powerful and deadly hurricane called Katrina hit the Gulf Coast. It was categorized as being one of the five deadliest of all hurricane and the costliest of all natural disasters on record. Katrina not only caused massive destruction of property estimated at $108 billion dollars. It also did kill about 1,833 people from the subsequent hurricane landfall and flooding. What Katrina did serve to do was this. It opened up many people’s eyes about hurricanes and just how dangerous they are in essence. It also made people realize that they do need hurricane insurance protection from an insurance aspect. Hurricane Katrina also made people see things differently on how to prepare for a storm of this type and magnitude. Lots of things changed for the better as a result of Katrina, and one of them was more people getting flood insurance to protect their interests.
How To Review Your Homeowners, Renters, Or Hurricane Insurance Policy Properly?
- How Do I Determine That I Have Enough Adequate Hurricane Insurance?:
Private hurricane insurance policies are something that many should have in force. Because hurricanes and flooding are very destructive in nature. They can occur at the drop of a hat and unexpectedly during the hurricane season that does run officially between June and November each year. Hurricane season can prompt many storms of this caliber, some very strong and others weak. However, if you don’t have hurricane insurance coverage, and live in an area that is open to being hit by hurricanes, tornados, or flooding. You need to have hurricane insurance to protect all the things that are yours. Do find out what your policy includes and does exclude. You shouldn’t wait to fill in the gaps on your existing policy until you suffer loss. Therefore, to determine what your present policy does a cover, and also what it doesn’t cover. You may want to get a hurricane policy with all that you require and need to be protected.
- The Good And The Bad About Hurricane Insurance Policy Coverage
Hurricane coverage is something that does vary from state to state. What this translates to is very clear. Some states will have things covered in a hurricane insurance policy where other states will not. Therefore, this is one of the cons of having a hurricane insurance policy. Another not so good thing about hurricane insurance policies is there overall cost. Some of the prices can be very expensive depending on where you live and if you are in a flood zone or not. The good things about having a hurricane insurance policy is that you are protected if a hurricane should happen. The other advantage of having a hurricane policy is very clear. You aren’t ignoring the dangers of natural disasters, and this is a good thing on all fronts. It shows you are accepting these dangers for what they are and making the right plans for future protection from catastrophe befalling you and yours.
- Your Plan of Action On Hurricane Insurance Policy Protection
A part of being ready for hurricanes and flooding is making sure to be prepared in advance of them taking place. One way to do this is to make sure to have the right kind of hurricane insurance policy protection from the get go. It is crucial to have hurricane insurance, especially if you dwell in a place that is hit a great deal by hurricanes, and that is also prone to tornados and flooding as well. Your plan of action should include going far beyond just having a plan of escape in the works where hurricanes are concerned. Having a plan of action for hurricane insurance policy protection matters the most. This is because should your home get hit by a hurricane and suffer horrific damage. You will have adequate hurricane insurance coverage to do rebuilding or whatever else is required after a hurricane and or flooding has caused massive damage.
