A homeowners insurance policy could help those who live in Florida pay for damages caused by a hurricane. However, it may not be enough to pay for all of the damage. This is because insurance companies may include a hurricane deductible, which can be as much a 5% of the home's value. Furthermore, water damage may not be covered unless an individual has a flood insurance policy.

Flood insurance is sold separately from a standard homeowners insurance policy. Those who own property that is in the path of a hurricane or other major weather event are encouraged to create an emergency fund. Prior to a storm, an individual should review his or her insurance policy documents to verify what a policy does and does not cover. It may also be a good idea to review the policy with an insurance agent, and homeowners could benefit from adding riders to ensure that their most valuable possessions are protected.

It can be a good idea to add shutters to windows or buy a generator to provide electricity after a storm passes. Generators could be used to power sump pumps, refrigerators or other important electrical devices. Cutting down tree limbs prior to a weather event may minimize the chances that they fall and cause damage to a home.

Homeowners may have water damage claims or other valid claims after a hurricane or other significant natural disaster strikes. If an insurance company refuses to honor a valid claim, a policyholder may be able to appeal that decision in an effort to obtain a payout. This can be done with the help of an attorney who has experience with these types of matters.

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