A hurricane deductible is the amount you pay out of pocket before insurance coverage will pay for a claim. Hurricane deductibles are typically 3% to 5% of a home’s value rather than a dollar amount deductible.

What are additional living expenses/loss of use coverage?

This coverage provides for living expenses that would exceed the insured’s normal expenses to maintain a comparable cost of living after a claim has been made. For instance, if a hurricane rendered your home unlivable while repairs were being made, additional living expenses (ALE) coverage may cover a hotel bill for a period of time. There are limits to ALE coverage and there may be time limits as well. Receipts and records are needed to receive reimbursement from ALE coverage.

What are the two types of reimbursement for contents coverage?

Replacement value and actual cash value. Replacement value is what it would cost to replace the item with one of comparable material and quality to be used for the same purpose. Actual cash value is the market value of an item and is replacement cost minus depreciation. Check to see if your policy would cover replacement cost or actual cash value for your contents and use your home inventory to decide what coverage is appropriate for your needs.

I plan to review my auto insurance policy ahead of hurricane season. What should I look for?

Comprehensive coverage on your vehicles pays for damage to your vehicle caused by an event other than a collision. If your vehicle is affected by a storm, flood or hurricane, comprehensive coverage will apply.