Don’t Let Storm Season Predictions Affect Your Homeowners’ Insurance

For nearly the last decade, Florida has experienced relatively mild hurricane seasons, with the last major hurricanes hitting the state in 2004 and 2005. Once again, meteorologists are predicting yet another quiet hurricane season, making this a record-breaking hurricane drought streak, the second longest spanning  from 1980 to 1984. While this may seem like a positive prediction for homeowners, insurance professionals advise against becoming too optimistic.

During the lull between major impacts, the state has discontinued collecting hurricane taxes, as the Hurricane Catastrophe Fund has collected enough money to find themselves in a surplus for once. This action would make it seem as though there’s nothing much to worry about in the upcoming months. But in the case of hurricanes, it’s not a matter of if they’ll hit–it’s a matter of when.

A typical hurricane season has 12 named storms, including 3 major and 3 minor hurricanes. For 2015, analysts predict only about 6 named storms will appear. Noting this forecast, many homeowners–especially those who are new to the area–are taking steps to reduce their hurricane and storm insurance coverage in an effort to reduce spending where they can. However, it only takes one major storm to cause severe damage.

Think back to 1992, which brought us a relatively slow hurricane season. That was the year Hurricane Andrew hit in late August, a category 5 storm that caused severe damage throughout the state. Instead of becoming lax in your efforts to prepare for hurricane season, it’s just as important as ever to stock up your emergency resources and make sure your shutters are in good shape.

As a final note, it’s also very important that you maintain your current standards of hurricane and storm protection on your home. Your comprehensive policy will help you get back on your feet in the case of an emergency. To learn more about homeowners’ insurance, contact the experts at Corkhill Insurance by calling (407) 898-8891 today.