Find out if your Homeowner’s Insurance Covers Storm Damage


Find out if your Homeowner's Insurance Covers Storm Damage

The roof is one component of your North Port home that’s especially vulnerable to storm damage, so it’s important to have peace of mind that it’s well-protected by your homeowner’s insurance policy. Here’s some helpful advice on how to find out about the coverage you have on your roof:

Read Your Policy’s Declaration Page

The easiest way to learn about the coverage related to your roof is by reading the declarations page of your insurance policy. The following sections describe what applies to roof storm damage in particular:

  • Dwelling coverage. This is the portion of your insurance that covers the cost of repairing or rebuilding your home’s structure, which includes roof repairs. You can have either replacement or actual cash value (ACV) coverage, and the amount you carry (the limit) should be based on an estimate of the cost of rebuilding, not the market value of your home.
  • Deductibles. This is the amount you’ll pay out of pocket if you have to file a damage claim. In coastal areas of Florida, home insurance policies often have two deductibles: one for hurricane damage and a separate one for all other perils. Your insurer will reduce the amount you’re reimbursed for damages by 2 to 10 percent of your home’s value for hurricane damage, or $500 to $2,500 for all other perils, depending on the deductible amount you choose.

Understand Hurricane Versus Wind Damage

How a storm is classified can have a big impact on your out-of-pocket costs when you file an insurance claim for roof repairs. If a storm is identified as a hurricane by the National Weather Service, your policy’s hurricane deductible will apply and you’ll be responsible for significantly more of the repair costs. Roof damage that’s caused by a less powerful windstorm falls under your policy’s “other perils” coverage, so you’re only responsible for the regular deductible amount you’ve chosen.

Check for Wind Mitigation Discounts

By law, home insurance companies in Florida have to offer premium discounts to homeowners who’ve made improvements to mitigate wind damage. If your policy’s declaration page doesn’t show any such discounts, ask your insurance company about how much you can save, and talk to your roofer about upgrading to a wind-resistant roof system, and beefing up your home’s roof-to-wall connections and gable ends.

If you’re in need of expert roof repair services in the North Port area, contact us at Mark Kaufman Roofing.

Read: What You Need to Know about Roofs and Hurricanes