When it comes to hurricane and flood insurance in Thibodaux, LA, homeowners need to make sure their policies cover the various types of damage that extreme weather can incur. Many insurance policies specifically exclude flood and wind damage, so you may need separate policies to keep your home safe.
When living in hurricane-prone areas, it’s important to carefully examine your policy and make sure you know what’s covered—and make sure your home and belongings are covered before a storm develops. Bourgeois Insurance Agency, LLC is here to help make sure the coverage you get makes the most sense for your home and lifestyle.
Water and flood damage are often omitted from homeowners’ insurance policies, but you’ll want to make sure you get coverage for both your property and its contents. A policy through the National Flood Insurance Program (NFIP), which is managed by FEMA, insures your property and structure up to $250,000, and its contents up to $100,000. This coverage will protect you against water that comes from outside your home—meaning that it won’t cover floods from problems with broken pipes, swimming pools or landscaping. “Floods” are usually defined as being over two acres or affecting at least one other property.
You should also be aware that NFIP flood insurance also does not cover living expenses or business interruption, mold and mildew damage, below-ground improvements (for example, finished basements and their contents) or money and papers. This can be devastating for those who aren’t able to live in or work from their homes. However, there may be private policy options that will cover damage in excess of NFIP’s coverage. Be sure to get covered as soon as possible—it takes 30 days for your policy to kick in, and hurricane season has already begun.
Homeowners in Louisiana and other hurricane-prone areas should consider adding windstorm damage to their policies as well. Check your policy to make sure that you understand your windstorm coverage—when hurricanes strike, roofs can be damaged and trees can be ripped up from the ground. If you have to rebuild your home, you’ll want to make sure that your policy will cover the cost.
Be sure your home and its contents are protected—and if you’re not sure what your coverage limits are, or how much your deductible might be, don’t hesitate to contact us and ask. Some policies may include a separate, higher hurricane deductible. It’s best to know what your options are now, before disaster strikes.
When you’re ready to discuss your options for flood and hurricane insurance in Thibodaux, LA, get a quote from Bourgeois Insurance Agency, LLC. We’re a small, independent agency who will work for you. We’ll work with your budget and specific insurance needs so that you can have peace of mind during hurricane season. Got questions? Contact us for a complimentary consultation, and we’d be happy to help you understand what’s already covered under your policy and what would be prudent to add.