Flood Insurance: There’s still one month left in hurricane season. Hurricane season in the Atlantic, which extends from June 1st to November 30th, brings constant concern for homeowners in the Sunshine State. For this reason, flood coverage becomes a crucial element to protect your assets and legacy.
According to the National Oceanic and Atmospheric Administration (NOAA) forecasts, the 2023 hurricane season could bring between 12 and 17 named storms, possibly 6 to 11 of them becoming hurricanes. Of these, 2 to 5 could be major hurricanes, categorized from 3 to 5.
So far, we’ve already experienced the formation of 17 tropical storms, with several intensifying into hurricanes. Last year, Hurricane Nicole made landfall in Florida on November 4th.
It’s no secret that Florida is particularly vulnerable to these natural phenomena due to its geographical location. In this context, flood coverage becomes an essential aspect of home protection. Homeowners in Florida need to understand that most homeowner insurance policies do not cover flood-related damages. Therefore, having flood insurance is crucial to ensure the safety of your investment and property.
Proper flood insurance includes protection against damages caused by flooding, storm surges, and heavy rainfall. It can help cover the costs of repairing and replacing damaged property and expenses related to cleaning and restoration after a flood.
Flood insurance covers:
- Electrical and plumbing systems.
- Furnaces and water heaters.
- Refrigerators and built-in appliances like dishwashers.
- Permanently installed carpeting.
- Built-in cabinets, panels, and cabinets.
- Window blinds.
- Foundation walls, anchoring systems, and stairs attached to the structure.
- Detached garages.
- Fuel tanks, well water tanks, water pumps, solar energy equipment, and air conditioning equipment.
For homeowners in Florida, flood coverage is more than a precaution; it’s a necessity. Hurricane season isn’t over yet; taking proactive steps to protect your home and financial well-being is a wise and responsible decision. Flood Insurance: There’s still one month left in hurricane season.