When you’re in the process of building a new custom home, the last thing you want to think about is having it subject to dangers such as a hurricane. But, if that new home is going to be located in Florida, making sure that it’s protected is an absolute must.
Hurricanes can cause a long list of damages – from total destruction to spoilage of food due to a lengthy power outage. So, when shopping for hurricane coverage in Florida, where is the best place to start?
First and foremost, don’t assume that your regular homeowner’s insurance policy will cover hurricane damage across the board. For instance, you may receive some compensation if the winds from a hurricane cause damage to your roof.
However, other items, such as flood damage – even though it may be the result of heavy rains from a hurricane – will not likely be on the list of covered expenses. In this case, you may be able to purchase a separate flood insurance policy through the National Flood Insurance Program.
With all of this in mind, before you sign on the dotted line for any type of homeowner’s insurance policy, be sure that you have a good understanding of what is, and what is not, covered.
In addition, doing an apples-to-apples total cost comparison can also be extremely advantageous. For instance, going with the plan that has the lowest premium does not necessarily guarantee the least total out-of-pocket expense – especially if there is a significant difference in the policy’s deductible.
If you’re thinking about turning your custom home idea into a reality, and you plan to build in Orlando or the surrounding Central Florida vicinity, then give us a call and we’ll walk you through the new custom home building process, and also answer any of the additional questions that you may have.