RICHMOND – As Hurricane Dorian churns in the Southeast, the State Corporation Commission’s (SCC) Bureau of Insurance reminds Virginians that late August to early October is often the most dangerous and active time for tropical storm activity. Plan now and make certain you are properly insured before disaster strikes. Hurricane season officially runs from June 1 to November 30. Even areas hundreds of miles from the coast can be impacted by the high winds, heavy rains and flooding that accompany hurricanes and tropical storms. It will be difficult to get related coverage once a hurricane develops in the Atlantic so whether you are a homeowner, renter or business, review your coverage now and make any necessary changes. “Don’t wait until it’s too late to protect yourself and your property from a hurricane or other natural disaster. Take steps now to protect yourself physically and financially,” said Virginia Insurance Commissioner Scott A. White. “Know your risk and make sure you have the coverage you need before a storm begins to brew.” The Bureau encourages Virginians to talk to your insurance agent or company if you have questions about what is and is not covered, how to reduce property damage and what to do if damage does occur.
Most homeowners and renters insurance policies do not cover losses due to flooding. Talk to your insurance agent about flood insurance or visit the National Flood Insurance Program’s website at www.floodsmart.gov to learn more about protecting your home or business from damage due to floods, surface water or storm surge.
There is typically a 30-day waiting period for a new flood insurance policy to take effect. Create a detailed inventory list with photos, videos and serial numbers of your belongings. Place your insurance policies and inventory in a safe place and take them with you if you must evacuate. These records will contain your policy numbers and the phone numbers of your insurance companies in case you have questions or need to file a claim.
Join us Tuesday for part 2 of this article.