While it's not considered "Tornado Alley" by any stretch of the imagination, Utah and the western mountainous region do experience these twisted turns of nature more than you may think. Just because tornadoes don't happen often in Utah doesn't mean they don't happen. Is your insurance coverage sufficient to protect you and your property in the event of a tornado?
Before you search for tornado insurance quotes, there are several factors to consider.
According to the Tornado History Project:
Unlike floods or earthquakes, tornado damage is typically covered under your homeowners insurance policy. However, due to the incredibly destructive power of tornadoes, it is strongly recommended that you review your homeowners insurance policy at least every two years to ensure your coverage is sufficient in the event a tornado touches down near your home.
If you rent an apartment or lease a condo, you will want to find a renters insurance policy with adequate coverage to protect you from losing all of your belongings in the event of a twister.
In order to protect your car or truck, comprehensive vehicle insurance is the only way to help pay for damages caused by tornadoes.
As you review your insurance policies to see if they provide you sufficient protection from tornado damage, it's important to figure out what it would take to replace everything you own. Tornadoes have the potential to destroy absolutely everything, so you'll want to have enough insurance to protect absolutely everything.
To start, go room to room in your home. Tabulate all of your personal property -- from furniture to electronics, books to clothing, and jewelry to art works. The total value of your belongings will give you an idea of how much contents coverage you should purchase.
You may also want to consider having your home assessed for its present market value every two years or so to ensure your insurance policy reflects your home's current worth.
During your insurance policy reviews, check to see whether you have chosen to cover your property at actual cash value or replacement cost. The difference between the two options can mean the difference between a long and painful recovery and a swift and worry-free process.
You may want to consider paying a little extra on your insurance premiums to receive the added coverage of replacement cost.
Another important factor to consider during your insurance policy review is the deductibles you choose. Because tornadoes cause so much damage, any time you file a claim due to twisters, the chances are very good that you will need to meet the deductible before your Utah insurance company begins to reimburse you.
While a higher deductible can yield lower premium quotes, be sure the amount is one you could comfortably afford to pay should you need to file a claim.
The last thing you want to worry about as you lead your family or beloved pets to safety during a tornado is whether your insurance policies contain sufficient coverage. Knowledgeable, independent insurance agents on the Trusted Choice® network are always available to answer your questions, suggest coverage options best suited for your situation, and even assist you in filing a claim.
These agents have years of experience working with Utah insurance companies, enabling them to find you the best coverage options at the most affordable rates. Contact a Trusted Choice agent near you to find out how you can obtain the best insurance policies with tornado coverage that fit your needs and budget.