Suburban® Brokers Inc.
201-796-1881
Monday - Friday 9:30 - 5:00
Se Habla EspaƱol
  • Home
  • About
    • Our Team
    • Kando Service Agency
  • Services
  • Homeowner
  • Business
  • Auto
  • RV
  • Claims
  • Contact
  • Blog

Don't Be Blown Away By Your Hurricane Deductible

6/27/2017

0 Comments

 
Picture
Hurricane season lasts from June 1st through November 30th. Do you understand how hurricane damage affects your homeowners insurance? Almost five years after Superstorm Sandy, one third of homeowners in several coastal states are still unaware of hurricane deductibles and how they work, according to The Insurance Research Council (IRC).

​Homeowners in New Jersey, North Carolina, South Carolina, Florida and Texas were asked whether they were familiar with hurricane deductibles, which is a higher deductible found in homeowners insurance policies that applies when a hurricane occurs.
“The findings from this survey suggest that ample room exists for educating homeowners about a key feature of every homeowners insurance policy—deductibles,” said Elizabeth Sprinkel, senior vice president of the IRC. “The need is especially acute as the 2017 hurricane season gets underway, and insurers hope to minimize post-event misunderstandings with their policyholders regarding deductibles.”
​

Understanding the details of the hurricane deductible will help avoid financial surprises should your home be damaged by a hurricane.
6 questions to review with your insurance agent to keep better informed:
  • Which states have hurricane or windstorm insurance deductibles?
  • Why were these deductibles introduced?
  • When does the hurricane insurance deductible apply?
  • How are hurricane and windstorm deductibles different from regular deductibles?
  • When would I pay one of these deductibles?
  • How do I calculate my hurricane insurance deductible?
Insurance companies instituted special hurricane and windstorm insurance deductibles after an elevated level of storms coupled with increasing coastal populations resulted in massive numbers of storm-related property insurance claims, and heavy financial losses for insurance companies.

Homeowners in high-risk hurricane areas should review their insurance policies so they know how much they may have to pay toward their hurricane storm insurance deductible in the event of a storm.

Call us at Suburban Brokers and we’ll be more than happy to discuss your policy with you, or quote you a policy if you don’t already have one with us.

Be safe this summer.
Picture
0 Comments



Leave a Reply.

    BLOG
    ​Leighton Annis

    At Suburban, we've been getting personal since 1956!

    Request A Quote
    View my profile on LinkedIn

    Archives

    May 2025
    March 2025
    February 2025
    December 2024
    November 2024
    October 2024
    September 2024
    August 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2020
    February 2020
    December 2019
    October 2019
    August 2019
    July 2019
    May 2019
    April 2019
    March 2019
    January 2019
    December 2018
    November 2018
    September 2018
    August 2018
    May 2018
    April 2018
    March 2018
    January 2018
    December 2017
    November 2017
    October 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016

    Categories

    All
    Auto Discount Savings
    Auto Insurance
    Auto Insurance For Teens
    Auto Theft Prevention Tips
    Back To School Safety
    Boating Safety For Children
    Boating Safety Tips
    Boat Insurance
    Business Owners Policy (BOP)
    Car Insurance Discounts
    Cloud Hacks
    Cold Weather Essentials
    Computer Fraud
    COVID-19
    Cyber Crime Coverage
    Cyber Insurance
    Cyber Threats
    Data Breach
    Distracted Driving
    Driving Safety Tips
    Emergency Preparedness
    Factors For Buying A Car
    Fall Driving Tips
    Federal Flood Insurance Program
    Fire Prevention
    Fire Prevention Month
    Fire Prevention Week
    Fireworks Safety
    Flood Damage
    Flood Insurance
    Flood Preparedness
    Flood Protection
    Fog Dangers
    Frozen Pipes
    Hacks For Packing
    Handling A Car Accident
    Homebuyer Protection
    Home Escape Plans
    Homeowners Insurance
    Home Preparation Tips
    Home Prep Tips
    Home Safety
    How Car Insurance Rates Work
    Hurricane Checklist
    Hurricane Preparedness
    IIHS Top Safety Picks
    Improve Your Gas Mileage
    Insurance
    Insurance And Fire Prevention
    Insurance Carrier Comparisons
    Insurance Claims
    Insurance Claims Process
    Insurance Policies
    Insurance Tips
    Jewelry Insurance
    Lower Insurance Costs
    Moving Tips
    National Flood Insurance Program
    Nationwide Insurance Increase
    New Jersey License Requirements
    New Jersey New Home Warranty Program
    Organize Your Move
    Policy Coverage For Storms
    Pool Barriers
    Pool Laws
    Pool Safety
    Power Outages
    Preparing To Move
    Preparing Your Home
    Preventing Frozen Pipes
    Proposed Tariffs
    Protect Your Possessions
    Punxsutawney Phil
    Real ID
    Real ID New Jersey
    Recreational Vehicle Insurance
    Renter's Insurance
    Roaming Deer
    Safe Vehicles
    Selecting An Insurance Carrier
    Slippery Roads
    Small Business Insurance
    Smart Home Kits
    Smoke Alarms
    Special Event Insurance
    Tariffs Effect On Auto Market
    Teen Driving
    The Real ID Act
    Top Safely Picks 2024
    Travel
    Travelers Billing Relief
    Travelers Insurance
    Travel Insurance
    Umbrella Insurance
    Vacation
    Valuable Items Insurance
    Watercraft Insurance
    Wedding Insurance
    Wedding Ring Insurance
    Winterize Your Car
    Winterize Your Home
    Winter Survival Kit
    Winter Weather

    RSS Feed

Picture
Picture
Since 1956, Suburban Brokers Inc. is the original insurance agency providing personal, appropriate coverage for all of your insurance needs.
Serving New Jersey, New York and Pennsylvania
​ Se Habla Español
Read our Blog
Phone:  201-796-1881
Fax:       201-797-6689
6-16 Saddle River Road
P.O. Box 400
Fair Lawn, NJ 07410
Email: [email protected]

Picture
View our Privacy Policy
Select Language to translate website
Website by LMS Consulting