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 good time to re-evaluate your insurance policy. Assessment will confirm if your policy is adequate to repair and replace once a storm hits.
Be sure to check that your homeowners policy covers wind damage. Weather.com reports, wind is responsible for most structural damage during a hurricane. Also, look into flood insurance. It must be purchased separately from your homeowners insurance and it takes 30 days to go into effect.
Make sure your coverage limits for belongings and the home’s structure are equal to replacement and reconstruction costs. The actual cash value is the depreciated value from when you purchased an item. The replacement cost is the amount you need to buy the item new.
Ask about temporary accommodations. This pays for additional living expenses such as a hotel and meals if your home is unlivable due to hurricane damage.
Your landlord is responsible for the structure of your rental. However, the renter is responsible for damage to belongings. Renters insurance does not always cover floods. “Check your renters insurance, because flood insurance is available for purchase separately and it is really affordable,” says Ellsworth Buck, Vice President of GreatFlorida Insurance.
Comprehensive car insurance covers damage not caused by a crash. This includes, flooding, hail, fallen rocks or trees and vandalism.
GreatFlorida Insurance‘s experienced, independent agents are located throughout the state to answer your questions. They can help you find insurance for your home, auto or rental for the right price. To learn more about our services call 888-478-7801 or go online for a free quote at www.greatflorida.com.