Natural Disasters and Your Homeowners Insurance

When you purchase a new home, one of the first things you do is buy homeowners insurance to protect it, but if you find yourself a victim of a natural disaster, your policy might not protect you at all. Typically, Orange County insurance companies provide homeowners policies that cover fire and lightning, explosions, weight from ice and snow and several other common disasters, but they do not cover floods, hurricanes or earthquakes.

If you live in an area considered at high risk for experiencing an earthquake or hurricane, or if you live on low ground near a body of water, you will need to purchase separate insurance policies to cover the associated hazards. Before deciding how much coverage you need, be sure to check with your local laws. In some high-risk areas, you will be required to carry a certain amount of insurance. In other areas, you can determine how much coverage is right for your property. When doing so, consider how much the property itself is worth, and don’t forget to factor in any valuable possessions you have in the home or other buildings on the land. If you are currently living without a natural disaster policy, you should contact an agency that provides Orange County insurance as soon as possible.