You live in beautiful Palm Coast, FL and, as such, must prepare for the possibility of tornadoes and hurricanes. You can and should have a family plan in place to ensure that everyone is safe and ready to move forward together after a tornado or hurricane. What happens, though, when your home is destroyed by the natural disaster? Does your insurance plan cover tornadoes and hurricanes?
It certainly is bad timing to inquire about your assurance plan’s coverages when tragedy strikes. The agents at All Counties Insurance Agency & Traffic School can help you understand the basics of home insurance today so that you know for sure that you have the right protection when the unthinkable becomes your reality. Read on to learn about tornado and hurricane coverage for homeowners in Palm Coast, FL.
Does home insurance cover hurricanes and tornadoes?
Not all home insurance policies cover hurricanes and tornadoes. In fact, most standard policies leave out natural disasters because of the magnitude of the cost associated with such events. Some policies may compensate you for damages that a tornado causes to your home because of a stipulation in standard home insurance plans that make allowances for "wind damage" and "flood damage." It is important to note, though, that some assurance providers place limits on wind and flood damage, which means that you may not be able to claim significant damages on your policy under these terms.
It is always a good idea to purchase additional coverage for hurricanes and tornadoes under the National Flood Insurance Program (NFIP). This program, which is supported by the federal government, ensures that those living in high-risk areas such as Florida receive compensation if their homes are destroyed by a hurricane or tornado.
An agent at All Counties Insurance Agency & Traffic School can help you find the home insurance plan that best suits your situation. Call them today to get started with a quote!