As hurricane season approaches, Florida homeowners are urged to take a closer look at their insurance policies to ensure they are adequately covered. Brooke Murrin, an insurance broker with Goosehead Insurance, highlights the importance of understanding the specifics of hurricane deductibles, which differ significantly from all-hazards deductibles.

Hurricane Deductibles: A Key Consideration

Murrin explains that in Florida, the standard hurricane deductible is typically 2% of the home’s insured value. For instance, a home valued at $300,000 would have a hurricane deductible of $6,000. This can be a surprise for many homeowners who might expect a deductible similar to the $1,000 or $2,500 seen in other policies.

Additionally, homeowners should be aware that certain items, such as screened-in pool enclosures, may not be covered unless they are explicitly included in the policy. This highlights the importance of thoroughly reviewing policy details.

Flood Coverage: A Separate Necessity

Flooding is another significant concern during hurricanes, and Murrin notes that flood coverage requires a separate policy. While these policies are generally affordable for those not in designated flood zones, they are crucial for comprehensive protection against hurricane-related damages.

Proactive Steps for Homeowners

Heading into the hurricane season, Murrin advises homeowners to review their insurance policies and consult with their insurance carrier or broker to clarify any uncertainties. She emphasizes that while memorizing every detail isn’t necessary, having a general understanding of what is covered can prevent unpleasant surprises if a hurricane causes damage.

By taking these proactive steps, Florida homeowners can better protect their families and properties from the financial impact of hurricanes.

Original reporting: WESH Orlando — read the source article.