Most East Coast residents are well are of the damage hurricanes inflict on homes. Unfortunately, the insurance market doesn't offer hurricane-specific coverage, so it's crucial to build a homeowners insurance policy matching the risks specific to properties in this region. The following guide from Nicole Gumm Groseclose Insurance Solutions in Clifton Forge, VA, will help you structure a plan that keeps your home and family protected.

A Guide to Homeowners Insurance & Hurricane Damage

What Coverage Do You Need?

First, it's crucial to confirm the policy covers natural disasters. Without that terminology in the wording, you could end up with a hefty financial burden. Next, look into wind coverage. Severe, straight-line gusts can destroy roofing, siding, and windows. Therefore, have your insurance agent confirm the policy covers wind damage during hurricanes. Many policies don’t, so you may need to add a windstorm rider or purchase a separate plan.
 

Homeowners insurance packages typically offer some level of protection against water damage associated with roof leaks or sewage backups. However, flooding as a result of storm surges isn't covered in most cases. To protect against the financial costs of water damage, you'll need flood insurance. Most providers don't allow flood coverage as a rider, so you must purchase a separate policy through your agent or directly from a government program.

How Will Your Insurance Address Out-of-Pocket Costs?

As long as your homeowners insurance policy covers hurricane-associated wind damage, your deductible could be the only out-of-pocket cost. Typically, this figure is around $1000, but it varies based on the policy you choose. However, some providers figure wind-related deductibles separately. If this is the case with your policy, you could pay a percentage of the overall repair costs instead of a flat rate. Review the potential deductible requirements before choosing a plan to ensure you can afford it in the event of a natural disaster.

Hurricanes cause devastating damage to homes, but the right insurance package will keep you financially protected. Ensure you're not underinsured by turning to Nicole Gumm Groseclose Insurance Solutions in Clifton Forge, VA. The independent insurance agency has proudly served residents throughout the Roanoke Region for more than 15 years. Request your homeowners' insurance quote by calling (540) 968-1569 or contacting the agency online.