Written by: Villa Group Insurance
As the hurricane season kicks off on June 1, 2020 it is predicted that we will experience four major hurricane systems which typically there are 2.7 during an average season. With a prediction of a total of eight hurricanes before the season ends on November 30th, many precautions should be taken in anticipation to protect your assets and families.
The state of Florida has always been susceptible to seeing these major hurricane predictions make landfall within 7-10 days of systems forming out in the Atlantic. Given these factors, insurance carriers give their policy holders many options on making sure they are properly insured.
Last year was a particularly catastrophic year for storms, the most devastating was hurricane Dorian as a massive category 5 system. Just to put into perspective the financial loss associated with a hurricane, Dorian caused more than $2 billion and upwards to $3 billion in property damage from Florida to the Caribbean.
Insurance During Hurricane Season
We all know the importance of having insurance. The question is do we understand our coverages and options during this period? Believe it or not, countless times we’ve had conversations with policy holders who do not have the basic knowledge on their coverages due to many reasons. Being in insurance cannot stress the importance of working with an experienced insurance professional at all times.
What to Look Out For
Getting organized with anticipation can save you time and money. This is the time to review your current Home and Automobile insurance policies. Make sure your home structure and personal property have adequate limits and enough coverage for living expenses. In order for your vehicle to be protected, comprehensive coverage is a necessity. It protects you against not only theft, glass breakage and fire, but also for damages due to flood waters or other natural occurrences such as hurricane force winds.
Business owners, Commercial property insurance policies often exclude coverage for property damage caused by hurricanes and other extreme weather events. Review your policies and include hurricane insurance as an add on if your business is located in a hurricane prone area.
Deciding what coverage you need and what limits and deductibles make the most sense can be tricky. Villa Group Insurance has over 20 years of combined experience in the Insurance Industry and can help you make the smartest choices for your circumstances.
Call or text us today (407)349-4477 for a free consultation, we are here to help!