Are You Financially Prepared for Hurricane Season?

June 27, 2013
By Hugo V. Alvarez on June 27, 2013 4:22 PM |

Hurricane.jpgHere in South Florida we all know the devastation of hurricanes and the destruction they can cause. One of the most expensive things you could lose during a hurricane would be your home. For this reason it is extremely important for homeowners to be prepared financially for hurricane season. It is often the case that many Floridians are not prepared to protect their home or their finances during hurricane season.

The most important thing to do going into hurricane season is making sure that you have hurricane coverage. Check all your insurance policies and if you can not locate your policy don't hesitate to call your insurer and ask these pressing questions regarding your home. This goes along with making sure you have all sufficient documents needed in the case of a hurricane.

However, hurricane season has already started. So now is the time to take a look at your property insurer to determine whether your insurer is in good financial health. In the event of major storm, you don't want to be stuck with an insurance company that is going broke as it will negatively impact your claim. Worse, it could leave you in a position where you will be unable to fully recover money for repairs that you are entitled to receive despite the fact that you paid your premiums.

Next you must insure that you have adequate proof of damage. Make sure that you take pictures or videos of the damage immediately after assessing it. Also if any conditions worsen make sure to document them so that your insured will cover all your damages.

So remember heading into hurricane season you must double check your policies to make sure you are fully covered for hurricanes. Once you have done that make sure you have all proper documentation needed to make a claim. And lastly in the event of a hurricane make sure to document all of your damage. These tips should help you to protect your home and your money in the case of a disaster.