Hurricane insurance can cover damages caused by wind, heavy rainfall, flooding, tornadoes, storm surge, and other weather-related perils, depending on the combination of coverages you choose to purchase.
These kinds of insurance will cover the following hurricane-related damages:
Mortgage holder protection: The structure of your home is covered by a standard homeowners insurance policy against damage caused by many risks, including lightning and hurricanes, but there are also exclusions.
Flood coverage: The risks of flooding, storm surge, and water driven by wind are not covered by home insurance.
During a hurricane, flooding is a major danger. Leaseholders can buy inclusion also.
Back-up sewer: Your house may have a sewer backup as a result of heavy rain. Extreme weather and a hurricane may also contribute to this. This is not covered by many home insurance policies. If it is not already covered, you can request an endorsement to add this coverage to your policy.
Coverage for Additional Living Costs (ALE): Additional living expenses are covered by insurance policies for homeowners, renters, or condo owners.
This is important because you will need to live somewhere else for a while if your home is destroyed by a covered risk. While your home is being rebuilt, additional living expenses help cover some of the increased costs.
In most cases, policies only come with a certain amount of coverage, so make sure to inquire about the availability of higher limits. If you are recovering from a significant hurricane loss, you may require more ALE than is standard.
