One of the toughest things a homeowner can face is their home being damaged by a hurricane, which is exactly why they should prepare for it. In this post, the top hurricane and storm damage repair expert, Redemption Roofing, shares three essential things you should know about hurricane damage coverage.
Main Coverage of Homeowner’s Insurance
A typical homeowner’s insurance policy gives you coverage under these four categories:
- Home Coverage
- Personal Belongings
- Detached Units (Sheds, Garage, Huts)
- Living Expenses
In addition, the coverage for your personal belongings amounts to 70% of your home’s insured value.
You Might Need Hurricane Deductibles
Your hurricane deductibles amount to 5% of your home’s insured value and could come as a shock to some homeowners, as this needs to be paid right away. According to roof replacement contractors, a home that has a value of $250,000 needs to pay $12,500 to cover the insurance policy. This is why we strongly advise that you have a backup budget to prepare for this particular deductible.
Flood Insurance Is A Separate Coverage
Most homeowners could be surprised by this detail because they would assume that it’s included in their general homeowner’s insurance policy, even if the flood was caused by a hurricane. For you to get coverage, you need to purchase a separate flood insurance policy. If you live in a federal flood area, you can get an insurance policy from the National Flood Insurance Program.
Searching for a contractor who carries out quality roof repairs, inspections, and replacements? Trust in Redemption Roofing. We let our customers do the talking. We offer our clients exceptional service, quality craftsmanship, and we only use the best materials that the industry has to offer. We serve The Woodlands, Conroe, Spring, Montgomery, and the Greater Houston area. You can contact us at (936) 226-0658 or fill out our convenient contact form.