Storm Insurance Information
As a homeowner, you must account for many risks and perils that could impact your property and finances. In some cases, certain incidents may be out of your control, such as storms and other weather-related incidents. With this in mind, you should prioritize understanding, acquiring and maintaining adequate coverage for storm-related losses.
What Is Storm Insurance?
Storm insurance may often be a component of your standard homeowners insurance; however, this coverage can be nuanced and complicated. Typically capable of providing financial assistance in the wake of severe weather, storm insurance may help pay for losses and damages arising from the following:
- Ice storms
- Fallen trees or tree limbs
- Power surges
The storm coverage feature of your homeowners insurance may not include coverage for damages caused by external floodwater entering your home. In these situations, such as those arising from heavy rainfall, an additional flood insurance endorsement or separate policy may be necessary.
Does Homeowners Insurance Cover Wind Damage?
Standard homeowners insurance policies’ exact capabilities and limitations may vary significantly depending on circumstances such as your home’s location. While windstorms may be a covered peril in some cases, homeowners in certain areas, such as those prone to hurricanes, may need to pay extra to include them in their policies.
Policyholders in areas at risk of hurricanes may also be beholden to separate deductibles for hurricane-related losses. As such, even if you’ve already met your deductible for other covered incidents in a given plan year, wind-related losses following a hurricane may incur additional out-of-pocket costs.
Get the Right Coverage
At the Brent Lucas Agency, our dedicated staff has extensive experience helping homeowners, families and businesses in the Leesburg and Ashburn areas acquire and maintain optimal insurance solutions. We will work with you to identify your coverage needs and procure policies capable of securing your financial wellness and future prosperity. Contact us
today to get started.