What is there to know about windstorm deductibles?
Certain areas are more susceptible to property damage in windstorms or hurricanes. Homes in these areas sometimes have a hard time obtaining insurance because they have a higher chance of damage due to high winds or flooding as compared to other areas in the region. In New York, there are certain insurance companies that require you to be eligible for separate windstorm coverage. There are eligibility requirements regarding the actual site your home was built on, the foundation of the home, how the roof has been anchored to the foundation, several factors surrounding the roof itself, exterior structures such as porches or stairways, the protection of your windows and doors, and more.
If you do not abide by these eligibility requirements that show that you have done everything you can to protect your house in the event of severe winds or a hurricane, you may not be issued windstorm insurance on your home, which may result in you having to pay for these costs out of pocket if a disaster occurs. For example, the shingles on your roof need to be in good condition and attachment devices such as nails or clips used on the roof should be corrosion resistant. Buildings with foundations that have faced erosion or previous wind damage will likely be labeled uninsurable. These requirements are just a few of many that may be necessary in order to obtain windstorm coverage.
If you feel as though your insurance company is taking advantage of you, you should contact an experienced insurance law attorney today.
The Law Office of Craig A. Blumberg is an experienced New York City insurance law firm. If you require quality assistance after having suffered property loss, please contact our firm to schedule a free initial consultation.