Florida homeowners insurance covers wind and rain damage from hurricanes, but it does NOT cover flood damage — and flood damage is often the most costly component of hurricane losses in Florida. Specifically, your standard homeowners policy pays for roof damage from high winds, broken windows, wind-driven rain intrusion, and structural damage from wind pressure. However, any damage caused by storm surge, rising water, or overflow requires a separate flood insurance policy.
What Hurricane Damage Is Covered in Florida?
Specifically, standard homeowners insurance in Florida covers wind-related damage including roof shingle loss, siding damage, fallen trees striking your home, and wind-driven rain that enters through a wind-created opening. Additionally, your policy covers personal property damaged by covered perils and typically provides additional living expenses if your home becomes uninhabitable due to covered wind damage.
Important Coverage Details
However, Florida homeowners face a critical coverage gap during hurricanes: damage from storm surge and flooding is excluded from homeowners policies. In fact, during Hurricane Ian in 2022, storm surge reaching 12-18 feet in parts of Southwest Florida caused the majority of property losses, and homeowners without flood insurance received nothing for that damage. Consequently, carrying both homeowners and flood insurance is essential in hurricane-prone Florida.
Understanding Florida’s Hurricane Deductible
Importantly, Florida homeowners policies include a separate hurricane deductible that is typically 2-10% of your home’s insured value — much higher than the standard $1,000-$2,500 all-perils deductible. Specifically, on a $400,000 home with a 5% hurricane deductible, you would pay the first $20,000 of any hurricane wind claim out of pocket.
What This Means for Your Coverage
Furthermore, the hurricane deductible applies per hurricane event, and it triggers when the National Hurricane Center declares a named storm warning for your area. In practice, choosing a higher hurricane deductible lowers your annual premium but increases your financial exposure during a storm. Additionally, some coastal Florida properties may only be offered 10% hurricane deductibles, making the out-of-pocket cost substantial.
Wind Mitigation and Florida Building Code
Florida offers significant insurance discounts for homes that meet current wind mitigation standards. Specifically, a wind mitigation inspection can document features like roof-to-wall connections (clips vs. straps), roof deck attachment, roof geometry (hip vs. gable), and opening protection (shutters or impact glass). As a result, homeowners with verified wind mitigation features can save 20-45% on their wind premium.
Additionally, to review your hurricane coverage and identify gaps, get a free quote from Bridgeway Insurance or call 601-264-0541.
Key Details
Why Are Insurance Rates So High in Florida?
How Much Does Flood Insurance Cost in Florida?
