Residing in Florida presents a distinct set of challenges, particularly regarding the weather. The state frequently experiences hurricanes, tropical storms and severe weather conditions that can lead to substantial wind and hail damage. Understanding your insurance options is crucial to protect your property.
Wind Coverage
In Florida, wind damage is typically covered under standard homeowners insurance policies. However, due to the high risk of hurricanes and tropical storms, many insurers include a separate deductible for wind damage caused by named storms. This deductible is often a percentage of your home’s insured value.
Hail Coverage
Hail damage is also generally covered under standard homeowners insurance policies. This may include damage to your roof, windows and other structures on your property. However, reviewing your policy details is essential, as some insurers may have specific exclusions or limitations for hail damage.
Wind-only Policies
Wind-only policies may be available for homeowners in high-risk coastal areas. These policies may cover damage from windstorms, which might include hurricanes and tornadoes, regardless of whether the storm is named. This can be a valuable option if your standard homeowners insurance excludes wind damage or if you want additional coverage.
Considerations
When choosing wind and hail coverage, consider the following:
- Deductibles—Understand the different deductibles for wind and hail damage and how they apply.
- Coverage limits—Ensure your policy covers the full replacement cost of your home and belongings.
- Exclusions—Be aware of any exclusions or limitations in your policy, such as coverage for storm surges or flood damage, which typically require separate policies.
Learn More
For wind and hail insurance near you, contact Gene Smith Insurance.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.