>> THEIR HOME IS NO DODGER MOST VALUABLE INVESTMENT THAT’S WHY YOU HAVE A HOMEOWNER’S
INSURANCE POLICY TO PROTECT IT.
BUT EVEN THE BEST POLICY WON’T
PAY FOR EVERY KIND OF
HURRICANE DAMAGE. IF YOU LIVE
NEAR THE COAST AND WE DO
UNDERSTANDING WHAT YOUR
HOMEOWNER’S POLICY WILL AND
WON’T COVER IS KEY TO FINDING
THE RIGHT
HURRICANE INSURANCE. JOINING ME
HERE ON THE MORNING SHOW IS JOE
SHAPIRO FROM THIS INSURANCE
GROUP GOOD MORNING.
BRUCE. SO WITH TODAY BEING THE
OFFICIAL START OF HURRICANE
SEASON. IT’S REALLY TIME TO DO
AN INSURANCE CHECK UP AND SEE
WHAT’S COVERED SO LET ME START
WITH THE MOST IMPORTANT
QUESTION AND THE ANSWER WILL
SURPRISE MOST PEOPLE, THOSE
HOMEOWNERS INSURANCE COVER
HURRICANE DAMAGE.
>> YES, IT DOES BRUCE AND IT
HURRICANE HURRICANE IT DOESN’T
EXCLUDE
FLOOD INSURANCE. CASE OF THE 2
MAIN SOURCES OF HURRICANE
DAMAGE OR WATER AND WIND WHO IN
THIS AREA SHOULD GET SEPARATE
POLICIES. FLOOD INSURANCE AND
WINDSTORM INSURANCE TO
BE COVERED WELL IN MY OPINION
IF YOU LIVE IN A STATE OF
FLORIDA YOU SHOULD HAVE FLOOD
INSURANCE POLICY.
YOU KNOW, IN THE STATE OF
FLORIDA, MOST FOLKS LIVE IN A
COASTAL COUNTY OR IN THE LOW
LYING AREA OR NEAR A BODY
OF WATER YOU KNOW I ALSO THINK
THAT YOU KNOW ALL OUR PEOPLE
DON’T REALIZE THAT ONE OUT OF
EVERY 4 FOR FLOOD CLAIMS
OCCURRED IN WHAT FEMA WOULD
DESIGNATE AS A LOW RISK AREA OR
ABC OR
X DON’T. SO LET’S TALK ABOUT
COST WHEN YOU COMPARE IT TO
TYPICAL HOMEOWNERS PREMIUMS
ACROSS LEE.
RELATIVE TO HOMERS IT’S
A LOT AVERAGE FLOOD INSURANCE
PREMIUMS UP OUR PROXY ABOUT
$500
A YEAR. AND DEDUCTIBLES TO THEY
COME INTO PLAY ON
THESE POLICIES DEDUCTIBLES ON
FLOOD GO FROM $1250 ON UP
DEPENDING AND YOU GET TO
CHOOSE THAT. SO IF I’M NOT
MISTAKEN ISN’T THERE EVEN A
NAMED STORM DEDUCTIBLES OFF A
STORM. POPS UP IT GETS A NAME
DOES THAT DEDUCTIBLE CHANGE.
CORRECT WHEN YOU
HAVE A NAMED STORM THAT COMES
YOUR
PARTICULAR AREA. YOUR POLICY
REVERSED TO A HURRICANE
DEDUCTIBLE AND NORMALLY THAT’S
A PERCENTAGE OF THE OR YOU’RE
DWELLING SO THEY COULD GET 2 OR
5%.
ANYTHING OR ANY OTHER KIND OF
WIND STORM HAS A FLAT
DEDUCTIBLE. SO YOU DON’T OWN
YOUR HOME, BUT YOU’RE A RENTER
YOU HAVE RENTERS INSURANCE.
WELL THAT COVER HURRICANE
DAMAGE TO
YOUR STUFF ABSOLUT ABSOLUTELY
IF YOU HAVE A RENTER’S
INSURANCE POLICY. THAT IS
COVERED YOU’RE HURRICANES AND
WHEN STORMS ARE COVERED THROUGH
THAT. BUT HOW ABOUT
FLOOD DAMAGE. YOU HAVE TO HAVE
A FLOOD INSURANCE POLICY TO
COVER ANY TYPE OF RISING WERE
CLAIM WERE FLOOD TYPE
WELL THE HIGH PLAINS, OKAY, SO
WITH THE PREMIUM BE ANY LESS IF
YOU’RE A RENTER BECAUSE YOU
DON’T REALLY OWN THE PROPERTY.
2 DIFFERENT, YOU KNOW
CHARACTERISTICS COME INTO
PLAY HERE. IF YOU
KNOW IF YOU’D LIKE TO IF YOU’RE
ENTERING LIKE TO HAVE A FLOOD
INSURANCE POLICY ACHIEVEMENTS
OF THE PERMIT TO BE A LOT
CHEAPER. OKAY, SO TIMING IS
VERY CRUCIAL HERE
AND THE BOTTOM LINE IS YOU KNOW
THIS IS THE START OF HURRICANE
SEASON. YOU DON’T WANT TO
CRASH TODAY. NO NO YOU YOU WANT
TO A HEAD
START ON THIS AND NORMALLY WHEN
YOU KNOW HURRICANE SEASON
BEGINS AND YOU HAVE A STORM
THAT COMES INTO OUR AREA IS
KIND OF TOO LATE. LOT OF
INSURANCE CARRIERS WILL.
WILL NOT LET YOU MAKE CHANGES
AT THAT POINT IN TIME SO THAT
I’M DOING IS RIGHT NOW CONTACT
YOUR AGENT AND GO OVER THE YEAR
COVERAGES AND REVIEW
YOUR POLICY AND SHOULD WE ALL
BE MAKING A RECORD OF WHAT WE
HAVE THE FACT OF THE MATTER IS
WE BUY NEW STUFF
ALL THE TIME WHAT’S THE EASIEST
WAY TO DOCUMENT OUR THINGS SO
IF GOD FORBID SOMETHING
HAPPENS. WE CAN SAY THE
INSURANCE COMPANY LOOK YOU
KNOW, I’VE GOT THIS KIND OF TV
I HAD THIS KIND OF SO FAR THE
THINGS THAT ARE REPLACEABLE
RIGHT IT’S A GREAT QUESTION.
WE RECOMMEND TO OUR CLIENTS
BEST THING TO DO IS TO SIMPLY
JUST TAKEN VIDEO AROUND YOUR
HOUSE, IF YOU HAVE EXTRA
VALUABLE THAT REALLY SPENDING
MORE TIME WITH
THAT BUT VIDEO VIDEOING AND
THAT’S YOUR BEST EVIDENCE
REALLY AND SOME THINGS LIKE
EXPENSIVE JEWELRY AND THE LIKE
YOU MAY NEED A WRITER FOR
THOSE COULD BE SCHEDULED ON
WILL BE CALLED IN THE MARINE
POLICY VERY SIMPLE TO DO
NORMALLY THE THING TO GET AN
APPRAISAL AND BRING IT TO YOUR
AGENT AND THEN WE GET A
SCHEDULE RUN TO THE POLICY AND
JOEL OF PEOPLE WANT SOME MORE
INFORMATION HOW THEY GET IN
TOUCH WITH YOU.
SHAPIRO INSURANCE CALL US AT 9
’04, 730-7343 OK AND AGAIN THE
BIGGEST MESSAGE HERE IS DON’T