The start of hurricane season varies depending on the geographic location. In the Atlantic Basin, which includes the coastal areas of the United States, the official hurricane season spans from June 1st to November 30th. The Eastern Pacific hurricane season begins May 15th and also ends November 30th. This period represents the peak time for hurricanes to form due to unfavorable weather conditions. However, it’s important to note that hurricanes can occur outside of this timeframe as well, albeit less frequently. It's essential to stay informed and prepared throughout the year, especially if you live in a hurricane-prone region.
Does Homeowners Insurance Cover Hurricane Damage?
Hurricane coverage on homeowners insurance policies can vary based on your specific policy and the insurance provider. Generally, homeowners insurance covers wind-related damage caused by hurricanes, including damage to the structure of your home and personal belongings. This may include roof damage, broken windows, or destruction caused by fallen trees.*
Unfortunately, homeowners policies do not typically cover flood damage related to hurricanes, except in specific instances. For example, the first event to cause damage is usually responsible for paying a claim. For example, if the wind blows the roof off of your home, and that causes flood damage inside your home, your homeowners policy would typically be the one to pay for any flood damages.
To ensure you have adequate coverage, it's advisable to review your homeowners policy to understand the specifics of your coverage and if you should consider a separate flood insurance policy.
Does Flood Insurance Cover Hurricane Damage?
Flood damage can be a significant concern during hurricanes, as heavy rainfall, storm surges, and swollen rivers can lead to widespread flooding. To protect your property adequately, you should consider purchasing a flood insurance policy.
Flood insurance typically covers damage caused by flooding from a natural source, including those resulting from hurricanes. Flood insurance policies have options to cover both the structure of your home and its contents, providing financial protection against flood-related losses. **
At FloodPrice, we offer both NFIP policies and private flood insurance policies. If you’re unsure which to pick, give us a call or visit our web page on the topic: NFIP vs Private Flood Insurance.
Can I get Flood Insurance during Hurricane Season?
Fortunately, it is generally possible to obtain flood insurance during hurricane season. While it is highly recommended to secure flood insurance well in advance of hurricane season to ensure adequate protection, unforeseen circumstances or a change in your living situation may prompt you to seek coverage during the peak season.
It's important to note that flood insurance policies often have a waiting period before they become effective, typically 30 days for an NFIP policy, and 15 days for private flood insurance policies. This waiting period is designed to prevent individuals from obtaining coverage solely in response to an impending storm. However, there are instances where exceptions to the waiting period may apply, such as a new mortgage for the purchase of a home or refinancing your mortgage.
At FloodPrice, we can help review your specific situation to find the best option available.
* Review your homeowners policy to see if it has a separate deductible for hurricane/wind damage, or other limitations.
** It is important to review your flood policy to understand how the carrier defines a flood to ensure your home is properly covered.
