HURRICANE IMPACT WINDOWS & INSURANCE: WHAT’S THE CONNECTION?

For any homeowner, having insurance that can cover them in case of eligible incidents and damages is a valuable thing. Such coverage can help them pay for repairs, reducing the amount they need to spend just to restore the good condition of their property. Hurricanes are often covered by these policies.

What you need to remember about insurance and their providers is that many of them can and will look for loopholes just to avoid covering your claims. One of the best things you can do is to take the necessary steps to minimize potential hurricane damages by getting an impact-resistant windows replacement. Here’s how they relate to insurance:

Lower Premiums

Home insurance can be expensive precisely because you are paying to cover something as valuable as your property and home. Florida homes are prone to hurricanes and this can work to your advantage. How? The answer is by getting impact-resistant windows.

Remember that high-risk homes are bound to get higher insurance premiums and hurricane-prone ones have an elevated risk. You can lower the risks by installing multi-layered panels. According to experts, you can get around 8% to 10% off your premiums when you have hurricane-resistant windows.

Dealing with Deductibles

Ask any financial advisor and they will tell you that one of the most important things to look out for when getting home coverage is deductibles. Deductibles are the amount you are required to pay for repairs after a covered incident. Once you have paid the deductible, your insurer will cover the eligible amount. The problem is most companies offer high hurricane deductibles.

So, how can hurricane impact windows help address deductible woes? Hurricane deductibles are high, which means that you might have trouble reaching it in order to have your insurer cover the rest. The best solution is to minimize your expenses and these layered panels can help you do so.

These replacements can withstand wind pressure, debris impact, and overall dangers of hurricanes, so you can have fewer repairs to deal with.

For Areas that Experience More than One Hurricanes

Now, you may have minimized damages and expenses during the first hurricane, but if another one hits your home within the year, then you might wonder if you need to pay a special hurricane deductible. The good news is you just need to pay the rest of the deductible if you haven’t yet the first time. After this, your insurer will cover any qualified expenses.

Again, these window replacements can help minimize the amount you need to pay due to damages and repairs.

If you have paid for your hurricane deductible, then you can consume your all-perils deductible. This can work in your favor as you will be paying part of your all-perils deductible, which will allow you to use your all-perils coverage for expenses that fall under this category.

Conclusion

Hurricane impact windows can help you save money on your homeowner’s insurance. This way, you not only have peace of mind during hurricanes but also before and after these natural disasters.