Windstorm coverage is vital for many Florida homeowners because the state experiences strong winds from hurricanes and tropical storms. But what exactly is windstorm coverage, and why might you need it?
Definition of Windstorm Coverage
Windstorm coverage protects your home from damage caused by high winds, such as those from hurricanes, tropical storms, or even severe thunderstorms. It usually covers your dwelling (the main structure of your home) as well as other structures like sheds or fences. Personal belongings damaged by wind might also be covered, depending on your policy.
Separate Policy or Included?
In some Florida homeowners insurance policies, windstorm coverage is included in the standard package. In other cases, especially if you live in a coastal or high-risk area, you might need a separate windstorm policy. It is common for insurers in hurricane-prone areas to require special deductibles for wind damage.
Why Do You Need It in Florida?
Florida has a long coastline and a warm climate that allows storms to grow quickly. Wind-related damage is one of the most common Florida insurance claims. If you do not have windstorm coverage, you could be on the hook for costly repairs after a hurricane.
Wind Mitigation Discounts
You can lower your premium if your home is built with wind-resistant features or if you add upgrades like hurricane shutters and reinforced roofs. Insurance companies often give wind mitigation discounts for these improvements. Ask your agent about how to qualify.
Key Takeaways
- High-Risk Areas: Coastal homes often require special wind policies.
- Separate Deductible: Some policies have a percentage-based deductible for wind damage.
- Discounts: Wind mitigation features can help you save money on premiums.
In Florida, having windstorm coverage can make the difference between a costly disaster and a manageable repair bill. Talk to a trusted insurance agent to see if it is included in your Florida homeowner's insurance or if you need to purchase an additional policy. A little preparation now can save you big headaches when the winds pick up.
