A Short Guide to Wind Insurance CoverageJanuary 5, 2022
Many homeowners across the United States assume that their homeowners’ insurance policy will provide them with all the coverage they need. However, this is often not the case. As a homeowner, you may have to purchase additional policies to address risks that fall outside their current homeowners’ coverage.
One of the more commonly purchased add-on insurance policies is wind insurance coverage. This is mainly due to the fact that 18 different coastal states don’t include it in homeowners’ insurance policies. Additionally, wind is a very real risk to homes and can easily end up costing you thousands of dollars in damage. Luckily, wind insurance can help you out with the bulk of that cost.
What Is Wind Insurance?
Wind insurance is an add-on insurance policy that is designed to cover costs associated with wind-related damages. In order to obtain wind insurance, you will have to pay a small monthly premium. However, this expense pales in comparison to the immense cost of repairing wind-related damages.
What Does Wind Insurance Cover?
Luckily, wind insurance applies to wind-related damages of all kinds. Some of the things that are covered are:
- Hurricane wind damage
- Tornado wind damage
- Windstorm damage
Wind presents a very real threat to your home, especially if you live in a coastal state. Wind insurance can help offer you far more peace of mind.