One of the few drawbacks of living in the Tampa FL area is dealing with hurricane season. Luckily, these monstrous storms only happen in the middle to late summer for the most part, and modern weather detection technology helps immensely for home and business owners for what is a fact of life in Florida. Being ready for hurricane season for all home and business owners means much more than just boarding up windows and doors to protect against the storm. There is always extensive damage in a Florida hurricane, and it always takes significant insurance protection to recover adequately in the event of a major calamity.
According to the NOA’s Climate Prediction Center, 2020 is set to be a very active season for hurricanes, and hence for property owners who will be filing an insurance claim. Statistics from 2018 indicate that nearly two-thirds of Florida homes are under-insured, which means that all property owners should be reassessing the level of coverage they are maintaining on their home. The National Insurance Awareness day in June begins the time period for that reassessment because the season is just around the corner.
Hurricanes do more than damage property. They disrupt lives for many storm victims and business operators, and many businesses actually never reopen following a major hurricane event. While experienced Florida residents can weather the event when the storm is a lower category, major storms do happen and create massive total losses for many owners. A thorough evaluation of a home insurance policy will include all of the fallout factors other than property damage because hurricanes can create emergencies in the lives of all affected Florida residents, and especially in the coastal Tampa area.
It is often a good practice to discuss homeowner insurance protection with an experienced property and casualty attorney when increasing coverage because he or she can offer advice regarding potential problems after the fact with an insurance claim.