Ah, summer. That season of spending time at the beach, hosting backyard barbecues, and just generally enjoying more carefree time than the rest of the year. As perfect as summer can be, it also happens to cover the exact months of hurricane season. Did you know that a standard homeowner’s insurance policy does not include coverage for hurricane damage? If not, there is no need to panic. You still have time to make sure your home is covered in time for hurricane season.
The term hurricane insurance can be slightly confusing because real-life policies do not go by this name. Fortunately, you can still get the hurricane protection you need by investing in flood or windstorm insurance. These types of stand-alone policies offer coverage for the types of damage caused by hurricanes. As you might have guessed, hurricanes cause flooding and wind damage among other things.
Like every other insurer in the United States, Arnold Insurance Company does not cover damage caused by flooding in a typical homeowner policy. As a hurricane-prone state, most insurers in Louisiana do not cover heavy wind damage either unless the client has purchased separate windstorm insurance. Each of these policies offers specific protection from hurricane damage caused by heavy wind or rain.
A typical homeowners' insurance policy covers only internal water damage such as furniture destroyed by water from a burst pipe. That means you need separate coverage for acts of nature that cause damage to your home. As an insurance provider in a high-risk coastal area, AIC in Alexandria, LA is pleased to offer both flood insurance and windstorm insurance to meet your needs.
Just like other types of insurance, you can expect to pay a deductible on your flood and/or windstorm hurricane insurance policy. Here are three types of deductibles common to this type of policy.
Wade Dickson, Insurance Executive at AIC in Alexandria, LA, will help you choose the best deductible for your budget and coverage needs.
A hurricane can cause unbelievable damage in a matter of minutes. To make sure you have protection against such a calamity, Wade Dickson will assist you in placing a value on personal items you would want to be replaced. You should also make sure that your coverage is enough to rebuild your entire house if a hurricane were to destroy it. Since flood and windstorm policies typically come with a 30-day waiting period, we recommend that you do not delay in establishing your policies. You want to enjoy summer worry-free, after all.
Wade Dickson is available now to answer your questions and make sure you have the appropriate amount of coverage. Please contact AIC in Alexandria, LA to request an appointment with him.