Most people don't think of Arizona when mention is made of tornadoes and their destruction. However, the Grand Canyon state experiences a number of tornadoes each year, and many leave a path of destruction in their wake. Some are even deadly. Is your insurance policy sufficient to cover tornado damage? Many homeowners do not discover that their insurance lacked adequate coverage until after the twister has struck and the damage is done.
Before you search for tornado insurance quotes, however, there are several factors to consider.
According to the Tornado History Project:
While weather events like floods or hurricanes require separate insurance endorsements or riders, tornadoes are usually covered under your traditional homeowners insurance policy. However, because of the potential for extensive damage resulting from tornadoes, homeowners are strongly advised to review their policy to make sure their coverage is sufficient if a tornado touchdown occurs.
If you rent your home or live in a condominium, you will want to be sure that you have renters or condo insurance to cover your property. While your landlord or condo association will have a policy in place to cover damages to the structure of your home, personal belongings kept inside are not covered under these policies.
To obtain coverage for tornado damage to your vehicle, you will need to have a comprehensive car or truck insurance policy in place. Liability and collision insurance will not provide you with reimbursements for potentially extensive repairs following a tornado.
Aside from reviewing your insurance policies to be sure you carry enough protection, you can take the following steps in Arizona to prepare for the next tornado touch down:
Your Arizona homeowners insurance policy should cover you in the event your home is completely destroyed by a tornado. However, some policies only extend to the structure of your home itself, and may not cover damages to your garage or other outbuildings. Be sure your policy includes these structures as well to ensure you are covered in the event they are damaged by strong winds or falling debris from tornadoes.
Also, many homeowners insurance policies may cover the cost of damages to your home due to a falling tree, but some do not cover the costs to repair the damage to your lawn or to replace the tree itself. They may not even cover the costs for tree removal should a large Guajillo be damaged in a tornado. It is important to review your homeowners policy to find out what kind of compensation you should receive if trees are felled on your property during a tornado.
For the contents of your home, most Arizona insurance providers will give you one of two options: actual cash value or replacement cost. The differences between the two can leave you struggling to recover after a tornado, or making swift repairs and replacements.
While a higher deductible on your homeowners or automobile insurance policy may result in lower quotes and premiums, you don't want to short yourself on the deductible. Should your home be completely destroyed or your car totalled, you will need to pay the entire deductible amount before your insurance reimbursement kicks in.
You want to be sure the deductible you choose is one that you could comfortably afford to pay should you need to file a claim for tornado damage.
Whether you need help assessing your current insurance policy for tornado coverage, or you are interested in changing insurance providers, knowledgeable, independent insurance agents on the Trusted Choice network are always here to help. These agents can answer your questions, suggest coverage options, and even assist you in filing a claim. They have years of experience working with Arizona insurance companies, enabling them to find you a number of quotes with the best coverage options at the most affordable rates. Contact a Trusted Choice agent near you to find out if your insurance policy will cover you in the event of a tornado.