Windstorm Insurance: Protect Your Home Today
Windstorms can affect people all across the country and you may not be as protected as you think. We have provided the information below to better understand how windstorm insurance can help protect your assets due to the unexpected.
What is Windstorm Insurance?
Windstorm insurance is a type of property insurance that helps protect homeowners against the loss of their homes and personal property caused by strong windstorms. This includes weather such as hurricanes, tornadoes, and cyclones. The policy is designed to cover the damage caused by wind, hail, and other weather-related events that can cause significant damage to a home. Windstorms can cause extensive damage that can lead to costly repairs and replacement of lost personal property.
What Does an Average Windstorm Policy Cover?
An average windstorm insurance policy provides coverage for damage caused by windstorms, including damage to homes, personal property, and other structures such as detached garages and sheds. The policy may also provide coverage for additional living expenses that the homeowner incurs if he or she must live elsewhere while their home is being repaired.
You should take into consideration that some policies may have exclusions such as damage caused by floods and earthquakes.
Does Homeowners Insurance Cover Wind Damage?
Homeowners insurance policy provides coverage for most types of damage caused by natural disasters such as fire, theft, and water damage. Many policies do have exclusions for covering damage caused by windstorms or may provide limited coverage for such events.
Windstorm insurance is a necessary additional coverage for homeowners who live in areas that are prone to strong windstorms or hurricanes. This type of insurance covers damages specifically caused by windstorms and can provide much-needed financial protection should a homeowner be affected by severe weather-related damages.
Is There a Limit on How Much Coverage is Provided for Personal Property?
Windstorm insurance policies usually have a maximum limit on the amount of coverage provided for personal property. The coverage amount varies depending on the policy's terms, limits, and deductibles.
The amount of coverage provided under windstorm insurance can range from as little as $5,000 to as much as $100,000 or more. The coverage amount is subject to the homeowner's deductible, which is the amount that the insured must pay out of pocket before the policy coverage applies.
Homeowners can customize their insurance policies to meet their individual needs. By working with Chris Young Agency, LLC, homeowners can design an insurance policy that meets their coverage needs and budget requirements.