Living in Beaumont, Texas means close access to all types of entertainment and museums, cultural events, and even houses the second largest state fair in Texas. But its proximity to the Gulf Coast leaves it susceptible to hurricanes. Hurricane Ike caused billions of dollars in damage to homes and businesses in the area.
Beaumont Insurance Coverage-What You Need to KnowEach region of the country has specific natural disasters they are prone to, from earthquakes in California to tornadoes in the plains. Part of living in Beaumont means being prepared for hurricanes. In the event of another hurricane in Beaumont, it's important to make sure your home is properly covered.
Because homeowner coverage includes wind and water damage, many people mistakenly believe that their insurance covers wind and water damage from hurricanes. However, most policies exclude water and wind damage that results from hurricanes. As a result, residents must purchase separate flood and hurricane insurance.
Flood Insurance Basics
When finding Beaumont insurance quotes, make sure you include flood insurance. FEMA regulates flood insurance, but your insurance agent can sell it to you in a separate policy. Keep in mind that the most basic flood coverage only covers the structure of your home, not the contents. Because water damage from hurricanes can cost thousands for even a few inches of water, it's important to get coverage that includes your home's furnishings. You should also know that there is a 30-day waiting period to file a claim after purchasing hurricane insurance.
Hurricane Insurance Basics
In some cases, your policy will cover damage from hurricanes. As a result of the devastation and high cost from Hurricanes Rita and Katrina, many companies have excluded hurricane damage. Double check your policy to make sure. If it does exclude hurricane damage, make sure you include that with your Beaumont insurance quotes.
Another thing to keep in mind about hurricane insurance is the deductible. Unlike most forms of insurance, your deductible is a percentage of your home's value rather than a fixed dollar amount like $500 or $1000. In some cases, this can be quite expensive, so make sure you have enough money to cover a deductible.
Finding Beaumont Insurance Quotes
As you can see, insuring your Beaumont home adequately can be complicated. And adding flood and hurricane insurance can be costly. NetQuote.com is a great source for everything you need to know about Beaumont insurance. It can also provide you with quotes so you can compare rates, giving you the confidence of knowing you are getting the best possible coverage and price for your insurance.