Homeowners’ insurance is designed to provide you with the financial protection you need. Many policies cover theft and fire. However, policies aren’t as clear when it comes to natural disasters. There are a few things to know about homeowners’ insurance and natural disasters before an emergency.<\/p>\n
Many policies cover limited natural disasters. For example, they may cover wind damage, including damage from a hurricane or tornado. Standard coverage may also have specific exclusions.<\/p>\n
Many homeowners’ insurance policies have exclusions in place for natural disasters. Some policies don’t cover wind damage if it’s from a named storm. Many policies exclude flood damage, which may include damage from a basement flooding, even if there wasn’t a natural disaster.<\/p>\n
Policy exclusions typically depend on the location and insurance company. Always speak with agents at an insurance company like NCIB Group Inc. to ensure you understand what’s excluded from your policy.<\/p>\n
Companies offering homeowners’ insurance usually offer additional options to protect you during extreme weather. You can typically purchase:<\/p>\n
Research your immediate area to determine what natural disasters will likely occur, so you have appropriate coverage. In Chicago, IL, you aren’t likely to see a hurricane anytime soon, but you may need coverage in the case of:<\/p>\n
We understand the importance of having appropriate coverage. Homeowners’ insurance often excludes many natural disasters, so you only pay for coverage for disasters you’re likely to experience. Agents at NCIB Group Inc. can help you assess your risk. Contact us to learn more today. We’re currently serving the Chicago, IL area.<\/p>\n","protected":false},"excerpt":{"rendered":"
Homeowners’ insurance is designed to provide you with the financial protection you need. Many policies cover theft and fire. However, policies aren’t as clear when it comes to natural disasters. There are a few things to know about homeowners’ insurance and natural disasters before an emergency. Standard Coverage Many policies cover limited natural disasters. For […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[9,14,5],"class_list":["post-128","post","type-post","status-publish","format-standard","hentry","category-home-insurance","tag-chicago","tag-home-insurance","tag-ncib-group-inc"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t