hurricane-insurance

The term “hurricane insurance” can be misleading. There is no policy that covers all the damage caused by a hurricane. However, most home insurance policies, like the ones from Kin, do offer coverage for hurricane wind damage. However, if you live in a hurricane- or tornado-prone area, your homeowners insurance policy usually has a separate deductible that applies for the wind and hail damage caused by named storms.

For the flood damage caused by hurricanes, you need either a separate insurance policy altogether or a policy with an added flood insurance endorsement. A standard homeowners insurance policy doesn’t cover water damage caused by storm surge.

The following states usually have separate hurricane, wind, or named storm deductibles for home insurance in coastal regions:

  • Alabama
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Mississippi
  • New Jersey
  • New York
  • North Carolina
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • Texas
  • Virginia

States in “Tornado Alley,” like Oklahoma, Kansas, Nebraska, Missouri, Iowa, and South Dakota, may also have separate wind/hail deductibles.

How Hurricane Deductibles Work

As mentioned earlier, your hurricane deductible is separate from the general home insurance deductible that applies to other covered perils, such as fire, theft, or vandalism claims.

While your general deductible is usually a flat dollar amount, your hurricane deductible is a percentage of the coverage you have for your dwelling – typically 1%, 2%, 3%, 5%, or 10%. So if you have $300,000 in dwelling coverage and a 2% hurricane deductible, you’ll pay $6,000 out of pocket for a wind claim before your insurance benefits kick in to cover the rest.

While your general deductible is usually a flat dollar amount, your hurricane deductible is a percentage of the coverage you have for your dwelling – typically 1%, 2%, 3%, 5%, or 10%. So if you have $300,000 in dwelling coverage and a 2% hurricane deductible, you’ll pay $6,000 out of pocket for a wind claim before your insurance benefits kick in to cover the rest.

Is Your Home Protected?

Get a quote and get covered today.