Lock Insurance has been in business for quite a while and has been through several hurricanes, but Hurricane Irma showed who and what was covered. Many insured do not realize how high their deductible is for Hurricanes. We also found that they did not know there was a lower hurricane deductible option.
In Florida, the 2%, 5%, and 10% deductible is a calendar year deductible, meaning it is a percentage of your structure amount dwelling. For instance, 100,000 thousand dollar houses with a 2% deductible would result in the homeowner being responsible for the first 2,000 dollars from a named storm event.
What happens if there are multiple named storms in a single calendar year and you have to file more than one hurricane claim? Once your deductible has been met, you have no further deductible responsibility for that year.
Some carriers have offered Hurricane Deductibles as low as 500.00 dollars in the past few years.
Contact us today and find out more so you will not be caught with High out-of-pocket costs for minimal difference in price when the next storm is coming in.
I want a quote for a $500.00 deductible for hurricanes. Click Here.Continue Reading
We are in hurricane season, and your Lock insurance independent insurance agent reminds you that thousands of folks failed to take even basic precautions before past storms rolled ashore and blew or washed away millions of dollars in property. Don’t be one of those unfortunate people when the next hurricane blows through.
Here are some valuable pre-storm planning tips:
For even more information, visit the Federal Emergency Management Agency (FEMA) website for hurricane preparedness at http://www.ready.gov/hurricanes.
Don’t forget that a significant amount of hurricane damage arises from flooding, not from high winds. Flooding can be caused by wind-driven waves and storm tides or massive amounts of rain overflowing rivers, streams and local lakes. For full protection against both wind and water, you will need to obtain a flood policy in addition to your homeowners insurance. Not to worry: Lock insurance is your Trusted Choice agent stands ready to assist you. Also be sure to ask for additional safety planning tips and a full review of your current insurance, with options for other potential coverage gaps and needs. We have a multitude of services designed specifically to provide you peace of mind when it comes to risk of loss of your valuable and treasured possessions.Continue Reading
The peak threat of hurricane activity is from the middle of August through late October for the United States. For the 2011 hurricane season, the National Oceanic and Atmospheric Administration stated last week that the Atlantic basin is expected to see an above-normal hurricane season this year, according to this seasons outlook issued by NOAA’s Climate Prediction Center.
Across the entire Atlantic Basin, NOAA is predicting the following ranges this year;
The impact of hurricanes is not only limited to the coastline, flooding rainfall, debris and strong winds often pose a threat to inland areas as well. Being prepared is critical, therefore, individuals and families should be ready, before a storm is even forecasted.
Every residence should have a hurricane package with the following supplies:
Most of all make sure your Insurance is active, once a storm is in the box close to Florida you will not be able to get Home insurance or coverage for your vehicle. My name is Don, please contact me with any questions.
Don Westerfeld 5/29/2011 7:39:00 AMContinue Reading