Hurricane Insurance in Apollo Beach FL

Hurricanes can inflict devastating damage on homes, potentially incurring disastrous financial consequences. Fortunately, you may be able to fortify your fiscal interests and maintain a means of paying for unbudgeted repair and rebuild costs through appropriate insurance. Especially for those in at-risk areas like the Sunshine State, understanding and acquiring suitable hurricane insurance should be a top priority.

What Is the Purpose of Hurricane Insurance?

When looking to insure your home and property, you should first understand that hurricane insurance may not refer to a named product available through all carriers and companies. Rather, this type of insurance often requires multiple forms of coverage, each capable of financially protecting against potential hurricane-related losses.

What Does Hurricane Insurance Cover?

As you seek to retain appropriate insurance coverage for hurricanes, you may require the following components:

• Flood insurance—This type of insurance is typically excluded from standard homeowners insurance policies. As such, if hurricanes cause water levels to rise and inflict property damage, you’ll need an additional flood insurance policy to account for losses.

• Windstorm insurance—Florida requires home insurance companies to include this coverage within standard policies, which can help you manage repair and replacement costs incurred due to wind-related damage, such as that inflicted by a hurricane’s gales.

Is Hurricane Coverage Required in Apollo Beach, FL?

No sweeping laws regarding hurricane insurance in Florida exist, but specific mandates may apply depending on your unique circumstances. If you live in an area that the Federal Emergency Management Agency (FEMA) has declared as being at high risk for floods and have a federally backed mortgage, you’ll typically need to carry flood insurance until you’ve paid off your home. Additionally, if you’ve previously received FEMA aid following a flood, you’ll need to have coverage if you want to be eligible for future benefits.

Although Florida requires home insurance carriers to include windstorms as a covered peril in standard policies, you may have the option to decline it. Still, doing so may be inadvisable, especially if you’re in an area at risk of hurricanes. Additionally, lender requirements may apply. Mortgage brokers may mandate that you include windstorm coverage in your policy, especially if you live in an area prone to hurricanes or other wind-related damages.

What Hurricane Coverage Options Are Available?

At Iron Rock Insurance, our dedicated and knowledgeable team can help you peruse various carriers’ products. We’ll help you assess your needs, identify flood and windstorm coverage options and build robust hurricane insurance. Contact us today to begin.