The state of Michigan offers a complete four-season climate. Winters are snowy, summers are warm, and the transitional months during the spring and fall are mild. The state has nearly 65,000 inland lakes and ponds. Nearly surrounded by the Great Lakes, MI has the longest freshwater coastline of any country or other political subdivision. All of that water helps create an environment that contributes to tornado activity. Michigan tornado insurance can provide excellent protection for your family and your property.
While the most dangerous months are April through July, a tornado can also strike without warning at other times of the year. An independent insurance agent in our network can research multiple insurance companies and provide you with Michigan tornado insurance quotes to compare. Contact your local member agent today to get the process started.
United States Tornado Statistics
Here are some recent national tornado averages during previous years:
- Number of tornados per year: 1303
- Number of tornado deaths per year: 222
- Number of killer tornados per year: 34
Most of these strike the southern portion of the state, which falls within a region known as "Tornado Alley." In fact, bordering Indiana has one of the highest occurrence rates of tornados in the country. The further south you are in Michigan, the closer to this region you are - so Michigan tornado insurance can be a great way for you to get peace of mind during severe weather events.
Do You Have Adequate Michigan Tornado Insurance?
Most standard homeowners insurance policies cover damage from tornadoes. However, many homeowners run into problems when their insurance covers the value of the home on the real estate market, not the cost to rebuild it from the ground up. Many home values in Michigan have dropped over the past few years, depending on where the home is located. In fact, 64 percent of U.S. homes are undervalued relative to their insurance protection.
The problem is that construction costs have risen with inflation in spite of the housing recession. The net difference could be quite substantial. One solution is to get in touch with a member agent, who can help determine whether your current coverage is adequate. Additionally, your car may not be protected from tornado devastation unless you carry the proper coverage on it. Remember that automobile comprehensive coverage can provide compensation when your car is destroyed or damaged in a twister.
Does Homeowners Insurance Cover Tornadoes?
Your home insurance policy will typically cover the following in the event of a tornado:
- The dwelling: This applies to the home itself and attached structures.
- Detached structures: Coverage applies to buildings like a garage or storage shed separate from the house.
- Personal property: This applies to most of the contents of the home. It is an area of special concern, since some property such as jewelry, antiques, and fine art may not be covered without additional riders for high-value items.
- Loss of use: This portion of your policy covers living expenses in the event the home is damaged to the point where you have to relocate during renovation.
However, it can be a mistake to assume that you will be totally reimbursed after a tornado damages your home. Homeowners policies have become very specific in light of the fact that there has been a high level of storm and wind-related damage in recent years. Your local agent can help determine your current level of protection.
Compare Michigan Tornado Insurance Quotes
Michigan tornado insurance coverage can be an area that requires detailed analysis by a knowledgeable professional. While good homeowners insurance will cover tornado damage, each policy is unique. It is important to understand whether your policy provides a total loss settlement based upon the cost to replace the home and repair the damage, or the current cash value of the home. The time for this analysis is well before a tornado strikes. One of the benefits of working with a local member agent in your area is to receive personal assistance. Your agent can present you with multiple quotes from an array of companies, so you can find the best fit for your needs and budget.
Find an independent agent today to be certain you have the best possible Michigan tornado insurance protection at a reasonable price.