What Homeowners Coverages are Available for Hurricane Ida?
In Louisiana, your homeowner’s insurance policy does not cover damages caused by flooding. IN regards to hurricane damages, most homeowner’s policies provide four types of coverage: (A) dwelling, (B) other structures, (C) personal property, and (D) loss of use/additional living expenses.
Generally, dwelling coverage is limited to the structural damage that occurred to your home. Other structures will handle coverage for detached garages, sheds, pools and other structures found on the property that are not the home. Personal property coverage pertains to the possessions or contents inside of your home such as furniture and clothing. Finally, loss of use/additional living expenses (ALE) is meant to compensate you for the additional costs that you will incur in the event that you cannot immediately return and live in your home.
Your homeowner’s insurance policy may also cover the following, which are important to know:
As we’ve previously discussed, an insurance policy is a contract between a homeowner and his or her insurer. The parties are bound by the language in their unique contracts. However, there are common policy provisions which appear in most homeowner’s policies.
Should you have any questions about insurance coverages covered under your homeowner’s policy, please do not hesitate to call us for a FREE consultation. We will analyze your claim and make sure that the insurance company is treating you fairly. Call or text us at (504) 372-6175.