If you are thinking about purchasing your first home, you will soon have to learn about Florida's hurricane windstorm insurance requirements. Under Florida law, property insurance policies must include coverage for damage caused by wind – wind from a storm that the National Hurricane Center declares to be a hurricane.
The good news is that policyholders can receive premium discounts if they are proactive and install certain wind resistant features on their homes. A policy may include a separate deductible that applies specifically to damage that is caused by a hurricane.
If an insurer decides that they want to cancel or not renew a policy, the Florida Office of Insurance Regulation could order the insurer to wait a full 90 days after the hurricane damage has been repaired.
On the other hand, if the insurance carrier already issued such a notice of cancellation to the homeowner, and a hurricane strikes when the cancellation was supposed to go into effect, the effective cancellation date must be delayed until the hurricane ends.
Insurance Requirements in Florida
Under Sect. 628.712, when insurers provide a residential property insurance policy, they must also provide windstorm coverage. Residential policies include coverage provided for:
- Mobile homes owners
- Condominium unit owners
- Condominium associations
- Apartment buildings
"Hurricane coverage" generally refers to loss or damage caused by a windstorm (hurricane), and it includes damage to the interior of a building, or damage to property inside the building caused by wind, rain, hail, wind gusts, tornadoes, sleet, and dust.
If you have filed a windstorm claim with your insurance company and you feel as if you're being slighted, it won't hurt to find out if your suspicions are right. At Mena Law Firm, our founding attorney is AV® Rated by Martindale-Hubbell® for adhering to the highest ethical practices.