When reviewing your policy, you need to make sure that you understand everything that is included in the coverage. Here is everything that you need to know about your policy’s storm coverage.
Earth Movements or Earthquakes
Damages due to earthquakes or any movement of the tectonic plates are mostly not covered by a standard home insurance policy. The truth is, insurance companies may offer a separate policy that gives you earthquake coverage in your area.
Here in South Florida it’s not a major concern for our clients, but if you’d like to discuss your options we’d be happy to.
It doesn’t matter if it’s in the form of hail or rain, everyone knows that water can severely damage homes. Most homeowners insurance covers hail damage but there are also limitations stated in your policy. Water damage coverage differs depending on what happened. Another example is when your pipe bursts and your insurance covers it. But when flood ruins your home, your standard insurance policy will mostly reject your claim.
The best thing to do is to talk to your insurance agent and ask them how you can get coverage for different types of water damages in the house. Chances are, just like earthquake coverage, you need to buy separate policies for them.
Power Surges and Lightning Strikes
Lightning strikes that lead to fire or property damages are most likely covered by a standard homeowners policy. There are also companies that cover power surges or power outages caused by a lightning strike resulting to damages in your appliances. Of course, there will be limitations when it comes to the total covered cost so you need to check how much coverage you have.
During a storm, your house can be under serious threat and heavy winds can blow your roof off. Most home insurance policies cover wind damages. The standard home insurance policy also covers fallen trees due to the storm, hail damages, snow that gets inside the house due to the roof falling because of the wind and many more. To get the whole list of coverage, you need to inquire with your insurance agent.
It's best to be prepared at all times especially right now as the peak of hurricane season is approaching. Reviewing your homeowner’s policy should always be your priority before paying your premiums so give us a call.
At American Trust, we take pride in making sure our clients are well protected at prices they can afford. To learn more about how we can help you please contact our agency at (305) 270-2220 or Click Here to request a free quote.