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Cadence Insurance is a full service insurance agency founded in 1966. We stand ready to assist you wherever you are located in the Houston, Galveston, League City and Fort Worth Metropolitan areas. Our offices are conveniently located and our staff is experienced in all types of insurance, including auto, home, business, and life and health. Contact us for all your personal and business insurance needs.
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Cadence Insurance, TX, Hurricane destructionHurricane season begins as early as May 15 and runs until the end of November, depending on the exact area where you live. With winds speeds reaching over 150 miles per hour, heavy rainfall, tornadoes and coastal storm surges, you must make sure you have the level and type of insurance you need to protect your home against hurricanes. Damage to Your Home Your homeowners policy will normally have a set value for the total loss of your property. Check your policy to see exactly what your reimbursement is. A replacement cost should cover the cost of rebuilding. However, if the costs of materials and labor have risen sharply, you may not be fully covered. For full protection, you should have a guaranteed replacement cost policy. You need to avoid policies that onlky pay for the actual cash value of your home. You could lose most of your investment due to depreciation. Check your deductible. While it should not present a problem if your home is destroyed, a large deductible could be difficult if you need significant repairs. Finally, look at your policy to see what type of loss of use protection is available. This provides you with assistance with living expenses if your home is not livable due to a covered peril. Coverage for Your Personal Property Your insurance should provide coverage for damage or loss of your belongings. You do need to know the type of protection included in your insurance. Policies are normally issued as actual cash value or replacement. Actual cash value means that you would receive the current value of your items; most belonging will go down in value as they age. A replacement policy will cover the full costs of replacing damaged property. While a deductible still applies, this offers you a higher level of protection. You should go over your personal property coverage on a yearly basis. Make sure that the amount of your policy reflects the current value of your belongings. Full Insurance Protection Your homeowners insurance will provide protection from many storm perils. You should be protected if your roof becomes damaged and begins to leak. However, your policy does not cover flooding. Residents in areas that are prone to floods should obtain a separate flood insurance policy. You might also want to consider mudslide protection, depending on your exact location. Content provided by Transformer Marketing Sources: http://www.nolo.com/legal-encyclopedia/homeowners-insurance-do-you-have-29863.html, http://www.ready.gov/hurricanes
William Moraw
Other articles by: William Moraw
Categories: Cadence Insurance, Homeowners Insurance
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