As a resident of Jacksonville, you are probably well aware of Florida’s hurricane season, which peaks between mid-August and late October. Are you also aware of what your insurance policies will and will not cover in the event that one of these storms blows through your city?
Independent insurance agents in Jacksonville can help you review your current policies to ensure that you have sufficient hurricane insurance and that you are getting it at a competitive price. Contact an insurance agent near you to learn more.
What Is Jacksonville Hurricane Insurance?
Hurricane insurance is not a stand-alone policy. It is something that may already be included or that can be added to the policies you already have. You will want to make sure that all of your property is adequately covered against these destructive storms, and this often means taking a closer look at the insurance you carry on your home, vehicle, and business, if applicable.
Jacksonville, FL Hurricane Facts
- Jacksonville has been hit by at least 66 hurricanes since 1871.
- This city ranks #32 in the list of the 50 US, Mexico, and Caribbean cities with the most hurricane strikes.
- On average, Jacksonville experiences a hurricane every 2.21 years.
Can Hurricane Insurance Cover Your Jacksonville Home?
The first thing most people think about when they hear that a hurricane is headed toward them is their home. Because the state of Florida is particularly susceptible to hurricane damage, home insurance rates in this state are among the highest in the country. This does not necessarily mean that your home, condo, or renters insurance policy provides the protection you need against these storms.
Some insurance companies will require you to purchase special endorsements to cover against hurricanes and windstorms, while others will include this coverage as a standard part of their policy. This is why buying the cheapest coverage isn’t necessarily the wisest choice. An independent insurance agent can help you review your current policy to ensure that it includes wind and hurricane coverage.
The other risk that often accompanies hurricanes is flood damage. While water damage caused by rain coming into your house through a damaged roof or a broken window is typically covered, damage caused by rising waters (flooding) is not. For this, you need a separate flood insurance policy. Your insurance agent can help you get affordable coverage through the National Flood Insurance Program (NFIP).
Cover Your Vehicle against Hurricane Damage
Hurricanes can also cause a lot of damage to vehicles. Whether they were smashed by falling trees, dented by flying debris, or flooded in rising waters, cars and trucks are frequently totaled by these storms. Does your car insurance have what it takes to offer you protection?
The only way you can get coverage for storm-related damage to your vehicle is through comprehensive insurance. This is one of the many coverage options offered by your auto insurance policy. Comprehensive coverage is designed to cover non-collision damage to your vehicle, including flood damage.
Though it is not part of the state’s minimum coverage requirements, lenders nearly always require that you carry comprehensive coverage for the duration of your car loan. Additionally, if you are leasing your vehicle, this coverage is likely to be required by the dealership.
Adding gap insurance is also beneficial if you currently owe more on your car than it is worth. That way, if a hurricane totals it and you are compensated at its assessed value, you will not be stuck making payments on a vehicle you no longer own.
Protect Your Jacksonville Business with Hurricane Insurance
There are many business owners in the Jacksonville metropolitan area. Whether you have a small business with just a couple of employees or own a chain of stores throughout the region, a business insurance policy can help to protect your investment in your company.
Business insurance includes commercial property coverage to cover all of your business assets. Some of this property may need specialized coverage like inland marine insurance or boiler & machinery insurance, but all of it can be covered against damage caused by severe weather.
Like home insurance, however, business insurance frequently excludes flood damage from its coverage. Fortunately, your independent insurance agent can help you supplement your property coverage with a commercial flood insurance policy through the NFIP. Another way that a hurricane can hurt a business’s finances is through forced closure.
If power lines are down for a couple of weeks, or if roads are impassable for an extended period, or if the structure of the building that houses your business is severely damaged, your business may have to remain closed for a long time. Business interruption insurance can provide your business with a continuation of income until it can reopen.
Why Work with an Independent Agent in Jacksonville, FL?
Why struggle to understand all the details of your insurance policies on your own? A local insurance professional can help you go through your current policies and can provide you with trustworthy advice so that you don't find out the hard way that you don't actually have the coverage you thought you did.
Find an independent insurance agent in or near Jacksonville to get started.
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