Lifestyle

Hurricane Insurance: What is it?

Hurricanes are a fact of life for many homeowners, renters and business owners. They can happen at any time, but there warning signs that can help you get prepared for the worst. Hurricane season runs from June 1 to November 30. That’s why it’s important to prepared for the potential damage from a hurricane. A storm that hits during this time can cause billions of dollars in damages each year. There are over 7 million homes at risk for hurricane damage from storm surges alone by 2021. As a result, it’s critical to have insurance coverage in place before disaster strikes.

Serious Damage of Your Property

A powerful storm can bring down trees and branches, cause flooding and severe rainfall. Resulting in serious damage to your property or even worse—your home could destroyed! Hurricane insurance is a type of homeowners insurance that you can add to your policy to cover damage from hurricanes. Hurricane insurance very different from flood insurance, and it often sold as an endorsement to your homeowners policy. You can purchase hurricane coverage in addition to regular homeowners coverage. Or you may required to have it if you live in a high-risk area for hurricanes (like Florida, Texas, and Louisiana).

Catastrophic Damage

Hurricanes are powerful forces of nature, and they bring with them the potential to cause catastrophic damage. If you live in an area that known for being susceptible to major hurricanes, you may want to make it. Into a habit to keep an eye on whether or not a hurricane watch or warning has issued. Not only will this give you the opportunity to prepare your home so as to protect. It from hurricane wind and water damage, but it will also help you determine whether. Or not it is necessary for you to apply for hurricane insurance.

Hurricane Damage Claims

Triumph Law Firm uniquely qualified to represent clients who have impacted by Hurricanes or any other storms. What do we bring to the table in representing you – we know both sides of the case, but our real secret weapon is that members of the firm have actually worked as  Fort Lauderdale hurricane damage claims adjusters for insurance companies. We know the ins and outs of how claims adjusted and can easily spot. Where an insurance company has failed to consider damage which you entitled to compensated for.

Most homeowner’s insurance policies have what called “named storm deductibles”. What this means that if a storm gets “named,” your deductible. Or the amount you first have to pay before you receive any payments. From the insurance company, will increase significantly. If your total damages, according to the insurance adjuster. Do not exceed that amount, you bear the expense of all repairs.

Conclusion

We can help you determine whether or not your Fort Lauderdale hurricane damage. Claim has properly handled by your insurer, and if not how we might proceed with fixing it on your behalf. As more homeowners and businesses in hurricane-prone regions take out policies. To protect against damage from storms, the need for better models, policies. And risk assessment modeling will increase as well.

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