Hurricane and Windstorm Insurance
- Do I need Hurricane Insurance Florida on my Commercial Income Property?
- Do I need Hurricane Insurance Florida for my Home Insurance?
Hurricane Irma has the answers
Warm ocean waters could fuel an above-normal Atlantic hurricane season. According to the National Oceanic and Atmospheric Administration forecast calls for 11 to 17 named storms for 2017, with five to nine named hurricanes. Two to four hurricanes are expected to be major with the wind speed of at least 111 mph.
Forecasters expect warmer-than-average waters across the tropical Atlantic Ocean and the Caribbean Sea, weaker-than-average wind shear, and a weak or nonexistent El Nino.
Damages to personal or commercial properties caused by a named Hurricane or High Windstorm can be devastating to a property owner. To offset this loss and get compensated to do necessary repairs, a Hurricane Insurance Florida Policy is the best solutions to protect your Home or your commercial income properties.
Homeowners and Commercial property owners should assess insurance needs long before a hurricane or windstorm makes landfall. Most insurers won’t issue policies when a Hurricane is imminent. The cost of hurricane insurance depends on number of factors, including where your property is located, what your property cost to rebuilt, and how high a deductible you’re willing to pay such as 2%, 5% or 10% of total policy limits.
Why are Hurricanes so devastating?
Warm waters feed a hurricane’s strength, while strong wind shear can starve it and pull a storm apart. While climate models show considerable uncertainty, there’s a potential for a lot of Hurricane activity this year.
Hurricane damages can be severe to properties located in Florida, most often it knocks out the roof especially with the Joisted Masonry Roof Construction and causes severe water damage and structural damage to your building. Insurance Policies take the burden of repair and help property owner restore their properties as it was before.
What does Hurricane Insurance Florida Cover?
Hurricane and Windstorm Insurance Companies in Florida offers:
Homeowners Insurance is a policy that covers Hurricane damages with the option of 2%, 5% or 10% deductible off the policy limit. If you have a mortgage, most Banks mandatory require homeowners to carry Hurricane coverage.
Commercial Properties owner with a package policy that includes Hurricane coverage or obtains a stand-alone Hurricane Policy depends on the location of your property and how far located from the coast.
Do I get any discounts on my Hurricane Insurance Policy?
YES, Insurance Companies apply certain discounts on Hurricane Policy for Homeowners as well as Commercial Properties due to a few factors:
- Age of the roof, and when it was updated within the last 15 years
- Construction type of the roof, whether it is Joisted Masonry or Flat Cement
- If you have Metal Shutters or Impact Windows installed all over your home or business
What to do next to obtain Hurricane Insurance Quote?
Call G. Zein Insurance Services at (866) 454-9555 or (954) 454-9599, we are here to answer your question and help you find the best Hurricane insurance solution at affordable rates to protect your properties in Florida.