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BillSavings.com BlogHurricane Insurance Basic TipsPosted By Sarah
BillSavings.com Brief:
Did you know there's a 30-day waiting period for flood insurance to take effect? You need to prepare before the next hurricane threatens. Check out these helpful hurricane insurance tips.
Did you know there's a 30-day waiting period for flood insurance (separate from your typical homeowner's or renters insurance policy). from the time you apply to the time it's effective. So, it pays to follow these hurricane insurance tips and to check your policy now, before a hurricane and related flooding threatens, to make sure you're covered and prepared. Homeowners, mobile homeowners and renters insurance usually covers these risks: wind damage; rain damage that is a result of rain entering through a wind-damaged area; theft; vandalism and fire. Flood insurance is purchased separately, but usually in conjunction with homeowners, mobile homeowners and renters insurance. It covers risk of damage by: waves; tidal action; overflowing rivers, creeks or lakes; and groundwater runoff. Comprehensive coverage under your auto insurance policy usually covers cars damaged by hurricanes.
Be safe this hurricane season by being informed and prepared! Category: Insurance 7/2/2009
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