Due to its tropical location, Florida is prone to hurricanes during the summer and fall. Some of these could be so severe that they cause excessive damage to your home. So, is your Boca Raton residence covered for hurricanes?
Hurricane Coverage
The Coastal Premier Insurance Group states that your standard home insurance policy covers hurricane-related damage. Also, while some states ask homeowners to purchase a separate windstorm policy, Florida incorporates this liability into the hurricane coverage.
No matter if you live in Boca Raton, FL, or somewhere in the state’s center, hurricane coverage is mandatory. Financers won’t approve your mortgage unless you add the minimum liability to your home insurance.
What is Covered
Hurricane insurance covers reimbursement for damage to your property, structures like tool sheds, and personal property like furniture, electronics, and jewelry. Additionally, it pays for living expenses if you temporarily move to another location while repairs commence on your home.
Weather-wise, hurricane insurance handles issues directly related to its landfall. These include damage due to gusty winds, rain, hail, lightning, and tornadoes.
What Isn’t Covered
Unfortunately, hurricane insurance doesn’t cover a common condition that causes significant property damage: flooding. The condition results from coastal storm surges and when tributaries overflow their banks. The best way to prepare for these conditions is with a separate flood insurance policy. Again, mortgage companies won’t approve a sale if you don’t purchase this protection for a home in a flood-prone area.
There are several factors to sort out regarding Florida home insurance, especially when you come from an area not used to hurricanes. If you need help sorting it out, contact a Coastal Premier Insurance Group representative for more details.