Drivers in almost every US state must have a minimum liability car Insurance cover. However, in most cases, this only protects human occupants involved in crashes. If you do not have sufficient insurance coverage, you may have to pay for vehicle repairs out of pocket. So, does car insurance cover hurricane damage?
Fortunately, optional car insurance covers weather damage to vehicles. However, you must have adequate coverage.
Hurricane Ian raises car insurance concerns
At the end of September, Hurricane Ian caused major damage in Florida. It is considered one of the deadliest hurricanes in recent history, responsible for many deaths and flooding millions of homes. A recent Carfax The report concludes that Hurricane Ian also caused 338,000 new auto insurance claims related to flood damage.
This brings the estimated number of flood damages cars to 738,000 this year. Flooded vehicles usually smell musty and can develop mold. In severe cases, a water-damaged car’s electrical system may stop working.
However, scammers looking to sell damaged cars to unsuspecting buyers can easily conceal these problems. Wet carpets and seats can be replaced and a refreshing spray can cover the smell. Carfax therefore warns buyers to be be wary of buying vehicles after big storms.
Beware of cars with too-good-to-be-true prices from private buyers who won’t provide flood history reports. Some states, particularly New York and New Jersey, are also home to more flood-damaged cars than others.
Even if your vehicle’s major mechanical components are undamaged, many insurers will still consider flooded cars undriveable. Fortunately, The bank rate says you can be reimbursed for the value of the car if you have comprehensive insurance. It will also cover damage to vehicles caused by hail or lightning.
Back to back insurance also covers damage occurring as a result of said storms. For example, if a strong wind overturns your car, this coverage will compensate you for the repairs. It will also cover repair costs if debris, such as rocks or tree branches, hit your car.
How much does comprehensive car insurance cost?
The cost of comprehensive auto insurance varies depending on where you live and other factors, but is generally affordable in most areas. In 2019, the NAIC estimated the average cost to be $171.87 per year. The states most vulnerable to hurricanes and tornadoes often have some of the most expensive premiums.
If you are considering taking out comprehensive car insurance, Bankrate advises you not to wait until the last minute. Some insurers will pause issue new fonts shortly after a storm warning. This includes additions to existing collision coverage plans, so purchase comprehensive coverage at least 48 hours before a storm is expected.
Comprehensive car insurance does not only cover repairs needed due to natural disasters. It also pays for damages caused by deer or other large animals.
Vandalism, vehicle theft and fire damage also fall into this category. Many drivers are also unaware that they need a insurance to cover broken windshields.
Comprehensive coverage won’t cover worn-out components like windshield wipers or brakes, but collision damage waiver will. Having both policies plus the required liability coverage gives you comprehensive protection for road accident costs.