As hurricane season approaches, homeowners and business owners along coastal and storm-prone areas are reminded of the unpredictable and often devastating impact these natural disasters can bring. While stocking up on supplies and reviewing evacuation routes are essential parts of hurricane prep, one of the most critical—but often overlooked—steps is reviewing and updating your insurance coverage.
The High Cost of Being Unprepared
In recent years, hurricanes have caused billions in property damage. From wind and rain to flooding and power outages, the aftereffects can be both financially and emotionally overwhelming. Without adequate insurance, recovery can be slow, difficult, and extremely costly.
Key Insurance Coverages to Review
- Homeowners Insurance
Make sure your policy covers wind, hail, and storm damage. Many policies have separate deductibles for hurricanes—know what yours is. https://www.insurance-financial.net/home-insurance/ - Flood Insurance
Standard homeowners insurance does not cover flooding. A separate flood policy is crucial, especially for those in coastal or low-lying areas. - Business Insurance
For business owners, ensure your policy includes Business Interruption Insurance, which can help cover lost income during closures caused by storm damage. - Auto Insurance
Check that your comprehensive auto policy covers storm-related damages like flooding or falling debris. https://www.insurance-financial.net/auto-insurance/
Don’t Wait Until It’s Too Late
Most insurers enforce a waiting period—often 30 days—for flood insurance to take effect. That means if you wait until a storm is in the forecast, it may be too late to get coverage in time.
Proactive Steps to Lower Risk
- Take a home inventory (photos, receipts, serial numbers)
- Reinforce windows, doors, and your roof if possible
- Store insurance documents digitally and physically
- Talk to your insurance agent to make sure your coverage limits match your current property value
Bottom Line: Insurance isn’t just a policy—it’s peace of mind. As storms grow more frequent and severe, making sure you have the right protection in place could be the most important step in your hurricane preparedness plan. Contact us at Connie Phillips Insurance today at 888-439-0479. https://www.insurance-financial.net/business-property-insurance/