While policyholders rightly
expect hurricane insurance that they pay for to cover their losses when a storm does hit, insurance companies use tactics that are meant to protect the company's interests.
Not exact matches
Fort Lauderdale - based Universal
Insurance Holdings said it
expects to pay out between $ 350 million to $ 450 million in claims from
Hurricane Irma.
Insurance rates
expected to spike nationwide after
hurricanes Harvey and Irma In addition to the dramatic flooding in Texas after
Hurricane Harvey and the...
Consider extra local costs In Florida,
expect to pay high property taxes (non-residents pay higher taxes than locals) and high property
insurance (due to all those
hurricanes).
More like $ 50Bn worth of
Hurricane Irma damage vs up to $ 200Bn
expected, so a nice break for
insurance stocks (KIE)-- as long as there are no other storms barreling down on us.
The new numbers generated by these experts implied that the
insurance industry needed to raise $ 82 billion to guard against
hurricane losses
expected to occur over the next five years.
You purchase
insurance coverage to protect against
hurricane damage, flood damage or other kinds of damage to your home, and you
expect your
insurance company to honor your claim in the event that your home or business is damaged.
With more than 50 inches of
Hurricane Harvey - produced rain inundating Houston, business and homeowner
insurance claims are
expected to reach $ 10 billion or more.
Travel
insurance comparison website Squaremouth said that
Hurricane Harvey caused more trip cancellations than any other event this year, but that Irma was
expected to top Harvey.
Expect to pay more for
insurance if the home is in an area prone to flooding,
hurricanes, and earthquakes.
Typically, you can
expect to pay 1 - 5 percent of the total damage to your home from the
hurricane as a deductible before the
insurance kicks in.
While some policies will require you to purchase additional riders for some valuables or to achieve coverage against damages caused by
hurricanes or earthquakes, you can
expect your Brownsville homeowners
insurance policy to cover:
Preview: Tropical Storm Ana And
Hurricane Gonzalo
Expected To Bring Severe Weather This Weekend; I.I.I. Staff Available To Discuss
Insurance Implications
As homeowners across the East Coast brace for
Hurricane Irene and the heavy rains that are
expected to fall over the next few days, the current threat underscores the importance of flood
insurance, which is the only way for homeowners to financially protect their property or businesses from flood damages.
As home owners across the East Coast brace for
Hurricane Irene and the heavy rains that are
expected to fall over the next few days, the current threat underscores the importance of flood
insurance, which is the only way for homeowners to financially protect their property or businesses from flood damages.