Insurance Commissioner Mike Causey reminded all North Carolinians that the 2017 hurricane season is here, ending Nov. 30, and NC citizens still have time to check their insurance coverage.
“With the tragic scenes of record flooding in Texas and Louisiana from Hurricane Harvey, it is critically important that North Carolinians check their homeowners insurance policies and make sure they have proper coverage,” said Causey. “We can’t say it enough – homeowners policies do not cover flooding.”
“You can only purchase flood insurance through the National Flood Insurance Program,” Causey continued. “There is still time to prepare and save yourself time and money later. We have already had a couple of tropical systems brush by North Carolina, so I urge our citizens to be prepared.”
Causey offered several ways to take action:.
- Checking adequate homeowners insurance coverage. Know exactly what your insurance policy does and does not cover. If you decide to purchase flood insurance through the National Flood Insurance Program, there is typically a 30-day waiting period before flood policies take effect. Many of our storms come in October so you still have time. If you live in a rental property, your landlord’s insurance only covers the building. None of your personal belongings are insured unless you purchase your own renter’s policy.
- Compile important documents. Gather important paperwork, including insurance policies, medical records, prescriptions, etc. Be prepared to bring copies with you if you are forced to evacuate your home.
- Create a home inventory. Go room to room in your home and write down the brand name, description, estimated value and date of purchase of items in your home. It is also helpful to compile receipts, appraisal documents and serial numbers. Take videos or photographs of your belongings. Store your home inventory and related documents in a safe, easily-accessible place online, on your smartphone, on your computer or in a fire-proof box or safe deposit box.
- Identify potential hazards around your home. Hanging tree branches, loose shingles, patio furniture and other outdoor objects can cause damage or injuries in a storm. Make repairs or secure large objects to reduce the threat.
- Review contact information. Make sure you have up-to-date contact information for your insurance agent and insurance company, and make sure they have accurate contact information to reach you.