With the 2024 hurricane season predicted to be one of the worst on record, Floridians are understandably concerned about their preparedness. The recent devastation caused by Hurricane Beryl highlights the critical importance of being adequately insured. Beryl, a Category 5 hurricane, left a trail of destruction in its wake, with winds reaching 165 mph and causing widespread devastation across the Caribbean before making landfall in the United States. The storm resulted in billions of dollars in damages and tragically claimed over 30 lives.

In Texas, the aftermath was particularly severe, with millions of residents experiencing prolonged power outages and extensive property damage. Entire communities were left without power, complicating recovery efforts and highlighting the vulnerabilities many face during such catastrophic events.

As a Florida resident, understanding the importance of wind coverage and taking steps to secure it well before the next storm hits can make a significant difference in how you weather the hurricane season. While wind insurance isn’t mandatory in Florida, it is highly recommended. Additionally, many private mortgage lenders require wind insurance when purchasing a home. This blog will help you understand the essentials of wind coverage in Florida and ensure you are well-prepared for the challenges ahead.

The Importance of Wind Coverage

What is Wind Coverage?

Wind coverage is a type of insurance that protects your home and belongings from damages caused by high winds, including those from hurricanes and tropical storms.

Inclusion of Wind Coverage

  • Standard Homeowner’s Policies: In many cases, standard homeowner’s insurance policies in Florida do include wind coverage for damages caused by high winds. This means that if you have a typical homeowner’s policy, wind damage might already be covered.
  • Named Storm Deductibles: While wind coverage might be included, there is often a separate deductible for damage caused by named storms (e.g., hurricanes and tropical storms). This deductible is typically higher than the standard deductible for other types of damage.

Exclusions and Special Circumstances

  • High-Risk Areas: In high-risk coastal areas or “wind pool” zones, standard homeowner’s policies might exclude wind damage due to the increased risk. In these areas, homeowners might need to purchase additional windstorm insurance or a separate wind policy to ensure adequate coverage.
  • Mortgage Requirements: Many private mortgage lenders require homeowners to have wind coverage as a condition of the loan, particularly in hurricane-prone regions.

Why You Need Wind Coverage in Florida

Living in Florida means you are at a higher risk of experiencing hurricanes and tropical storms. The cost of repairing or rebuilding your home after wind damage can be astronomical. Wind coverage helps ensure that you can recover financially if your property is damaged by a hurricane.

Windstorm Insurance vs. Hurricane Insurance

While windstorm insurance is sometimes referred to as “hurricane insurance,” this isn’t completely accurate because windstorm insurance does not cover all the damage a hurricane can cause. Comprehensive coverage for hurricane damage typically requires a combination of homeowners, wind, and flood insurance policies.

When to Get Wind Coverage

Timing is Critical

It’s important to get wind coverage before a hurricane is imminent. Most insurance companies will not allow you to purchase new coverage or adjust existing policies once a storm is on its way. This means you need to plan ahead and secure wind coverage well before hurricane season begins.

When is it Too Late?

Once a hurricane watch or warning is issued, it’s generally too late to obtain new wind coverage. Insurance companies impose moratoriums on issuing new policies or changing existing ones to prevent last-minute rushes that could lead to fraudulent claims or financial overexposure. Therefore, it’s best to review your insurance needs and obtain coverage early in the year, before the hurricane season peaks.

How to Obtain Wind Coverage

Check Your Current Policy

First, review your existing homeowners insurance policy to see if wind coverage is included. In Florida, this coverage is generally part of your standard policy, but there may be separate deductibles for named storms. If wind coverage is not sufficient, consider purchasing additional coverage or an endorsement to your current policy.

Shop Around

Compare different wind insurance companies in Florida and policies to find the best coverage for your needs. Look at the coverage limits, deductibles, and exclusions to ensure you’re getting comprehensive protection.

Understand Your Deductibles

Windstorm policies often come with a separate deductible specifically for hurricane damage. This deductible is usually a percentage of your home’s insured value, rather than a fixed dollar amount. For example, with $250,000 in dwelling coverage and a 2% hurricane deductible, you would pay up to $5,000 out of pocket for windstorm damage caused by a named storm.

What Wind Coverage Typically Includes

Structural Damage

Wind coverage generally includes protection for the structure of your home, such as the roof, walls, and foundation. It covers repairs or rebuilding costs if your home is damaged by high winds.

Personal Belongings

Your personal belongings, including furniture, electronics, and clothing, are typically covered under wind insurance. If these items are damaged or destroyed by wind, your policy will help cover the cost of replacement.

Additional Living Expenses

If your home becomes uninhabitable due to wind damage, wind coverage often includes additional living expenses. This means the insurance company will pay for temporary housing and other related costs while your home is being repaired or rebuilt.

How to Save on Windstorm Insurance

You can receive a discount on windstorm insurance by adding wind mitigation features to your home. Florida law requires insurers to offer discounts through wind mitigation credits to residents who buy homes with wind mitigation features or install them after purchase. Features that qualify for these credits include impact-resistant doors, storm shutters, roof truss clips, and hurricane straps. A certified inspector will verify these features and suggest additional steps to maximize your discounts.

Protect Your Home from Wind Damage

Some steps you take to earn wind insurance discounts also protect your home from wind damage. These include installing wind-resistant doors and storm shutters, trimming trees near your home, ensuring doors and windows are properly sealed, and cleaning out gutters. These measures can help reduce the impact of windstorms and lower your insurance premiums.

In Florida, where hurricanes and tropical storms are a constant threat, having wind coverage is not just a good idea—it’s essential. Don’t wait until a hurricane is on its way to think about insurance. Review your policy, understand your coverage, and make sure you’re prepared well in advance. Wind coverage can provide the peace of mind that comes with knowing you’re protected, no matter what this hurricane season brings.

Protect Your Home with Comprehensive Wind Coverage Today!

At The Gordon Agency, we understand the importance of protecting your home from the destructive forces of high winds. Wind coverage isn’t just essential during hurricane season—it’s vital year-round. As your insurance agency in Boca Raton, our dedicated team is here to guide you through the complexities of insurance, ensuring you have the coverage you need to safeguard your property and peace of mind.

As a Florida resident, you’re familiar with the threat of not only hurricanes but also tropical storms and strong winds that can strike at any time. With the right wind coverage, you can shield your home and your finances from these devastating events. Our experienced agents are committed to providing you with personalized insurance solutions tailored to your unique needs.

We take the time to understand your specific situation, assess your home’s risk factors, and determine the best insurance requirements. Our knowledgeable team will work with you to create a customized plan that includes comprehensive wind coverage, ensuring you’re well-prepared for any storm or wind event. We compare rates from top insurance providers to ensure you get the best value for your money.

Staying up-to-date with the latest industry trends and regulations is part of our commitment to you. This allows us to offer the most current and effective insurance solutions, giving you peace of mind knowing your home is protected. Whether you’re filing a claim or have questions about your policy, our exceptional customer service team is always here to support you.

Don’t let the fear of wind damage keep you from enjoying your home. Partner with The Gordon Agency today and feel confident knowing your property is well-protected. Contact us at (561) 988-3330 or visit our website to request a personalized quote for comprehensive wind coverage. Our friendly and knowledgeable agents are ready to help you secure the best protection for your Florida home.

At The Gordon Agency – We’ve Got You Covered Against Hurricanes, Tropical Storms, and High Winds!

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The Gordon Agency Inc.
1825 NW Corporate Blvd, Ste 110
Boca Raton, FL 33431
(561) 988-3330
https://tgafl.com