Those with storm damage to their homes who did not have hurricane insurance before Tropical Storm Iselle hit may be out of luck, even if they had a homeowner’s policy.
There are a couple of important things you need to know. Number one, you cannot buy hurricane insurance once a hurricane watch or warning is announced.
Number two, your homeowner’s insurance policy will not cover storm damage even if the hurricane has been downgraded to a tropical storm when it makes landfall.
Mark Goldman found out the hard way when his daughter’s Puna home was damaged by Iselle. “Unless you had… hurricane insurance for the full time it was a hurricane plus another 72 hours after that, they didn’t have to cover anything,” he told KHON2.
In other words, even if the hurricane is downgraded to a tropical storm three days ahead of landfall, your homeowner’s insurance does you no good.
You still need hurricane insurance, even if it’s not a hurricane.
Industry agents we talked with said this is true for more than 90 percent of the insurance companies doing business here.