Coastal Homeowners Insurance

 
 

Coastal Homeowners insURANCE

Coastal home insurance is a specialized type of homeowners insurance designed to protect properties located near the coast. Homes in coastal areas are at higher risk for damage from hurricanes, tropical storms, flooding, and erosion, which can make insuring them more complex and expensive than standard homeowners insurance.

Key Features of Coastal Home Insurance:

  1. Wind and Hurricane Coverage – Standard policies may exclude wind or hurricane damage, requiring homeowners to purchase separate windstorm insurance.

  2. Flood Insurance – Most coastal policies do not cover flood damage, so a separate flood insurance policy through the National Flood Insurance Program (NFIP) or private insurers is necessary.

  3. Higher Premiums & Deductibles – Due to the increased risks, premiums are often higher, and deductibles for hurricane or wind damage may be based on a percentage of the home’s insured value.

  4. Named Storm Deductibles – Some policies have special deductibles that apply only if damage is caused by a storm officially named by the National Weather Service.

  5. Erosion & Sea-Level Rise Considerations – Policies may not cover losses due to gradual erosion or long-term sea-level rise.

How to Get Coastal Home Insurance:

  • Work with insurers that specialize in coastal properties.

  • Bundle wind, flood, and homeowners insurance for better protection.

  • Strengthen your home with storm-resistant features (e.g., hurricane shutters, reinforced roofing) to potentially lower costs.