Overview of Tornadoes
Tornadoes are a rare form of a natural disaster, though it is very common in United States. This violent and rotating air is connected to both earth surface and the cumulonimbus cloud or in some instances with the base of the cumulus clouds. Tornado occurs in the form of a condensation funnel. The encircling air is filled with dust and debris. The wind speed can be as high as 110 miles/hours and are around 250 feet across. In addition, a tornado may travel for few miles before dissipating. However, it leaves behind a complete disaster in the region where it occurs. If you lose something during the tornado disaster, then you can opt for an insurance claim. However, this needs discussion, as many people do not know about disaster loss insurance. We will be discussing it in detail below.
Tornado Insurance is also known as wind insurance. There is one hurricane alley, and this is the region found in the United States where Tornadoes are quite common. A tornado is not so common in localities which are not found in the Hurricane Alley. In such regions, there are no terms like Tornado insurance. However, you are going to find tornadoes included in homeowner’s insurance itself in regions that are not likely to have tornadoes. However, you will have to pay for the tornado insurance as a separate policy of your homeowner’s insurance if you live in Hurricane Alley or other commonly affected areas.
Coverage for Tornado Insurance:
You and your insurer will need to calculate the cost of building the house. You can also cover your possessions inside the building. The total of these costs will be what you require as coverage. The premium is decided by the amount of desired coverage. You can contact an insurance agent for the exact coverage and premium, and they will let you know the exact amount. Be sure to get your Tornado Insurance policy before a natural disaster occurs.
Debates in Tornado Insurance
If you have opted for the auto insurance or any vehicle insurance or you have some additional insurance of some possession, then you should remove them from the list of insured possessions. Keep in mind you can claim only one at a time. You cannot opt for two companies. So, you cannot cover something with both auto and tornado insurance.
Some Tornado Insurance Tips
Ask a consultant to make a chart of lost properties after tornado and ensure that you get it written from the disaster recovery management as well. You cannot go for an insurance claim without these documents. Keep the identity certificate, bank account details, mention the tornado’s timing and add the consultant’s report and National disaster management team certificate with all above documents. The key for insurance claim is that you need to keep all the documents ready. Never file any fake claim. In addition, you need to make sure that you make the premium payments regularly and this is definitely very important.
If you have rented your home, you need to get Renter’s Insurance, which functions like homeowner’s insurance. This covers all disaster losses including tornado losses. However, if your property is in Tornado Alley region, then you need to opt for the tornado insurance separately as already stated.