A Hurricane’s Coming—Is It Too Late To Change Your Home Insurance?

Hurricane Insurance Warning: Update Coverage Before the Storm Is Named

If you live in a hurricane-prone area, don’t wait until the forecast turns dire. Once the National Hurricane Center names a storm, most insurers impose moratoriums blocking new policies and changes to existing coverage.

In 2022 alone, natural disasters caused $313 billion in losses, but insurers only covered 42% of that amount. To avoid massive out-of-pocket costs, make sure your homeowners insurance, windstorm coverage, and flood insurance are active and up-to-date before hurricane season hits.

Key Takeaways

Standard homeowners insurance doesn’t cover everything you’ll need separate flood insurance and possibly windstorm coverage if you live in a hurricane-prone area.
Once a tropical storm is named, insurers typically enforce policy moratoriums, blocking new coverage or changes.
Many policies include named storm deductibles, which require homeowners to pay a percentage of damages often 1% to 10% of the insured value out of pocket.
Even during hurricane season, you may still have time to review your coverage, update your home inventory, and purchase standalone flood insurance before the next storm hits.

Does Homeowners Insurance Cover Hurricane Damage?

Standard home insurance policies offer partial protection against hurricane damage but not full coverage. Most policies include:

Dwelling coverage for the structure of your home
Personal property insurance for belongings
Liability protection for injuries or lawsuits
Additional living expenses if you're displaced

However, coverage for windstorm damage may come with a separate deductible, especially in hurricane-prone states. Some homeowners must purchase standalone windstorm insurance to meet lender requirements and avoid gaps.

Critically, flood damage is excluded from standard policies. To protect your home and contents from storm surge or rising water, you’ll need flood insurance, which can be purchased through private insurers or the National Flood Insurance Program (NFIP).

Can You Change Your Home Insurance Before a Hurricane Hits?

Maybe but timing is everything. Once the National Hurricane Center names a storm, insurers typically issue moratoriums. That means:

No new policies can be purchased
No changes to existing coverage
No switching insurance providers

These restrictions stay in place until the storm passes.

What Are Named Storm Deductibles?

Named storms like Hurricane Helene in 2024 are tracked once sustained winds hit 39 mph. At 74 mph, they’re officially hurricanes. Many insurers apply named storm deductibles, which are calculated as a percentage of your home’s insured value usually between 1% and 10%.

For example, if your home is insured for $200,000 and your deductible is 5%, you’ll pay $10,000 out of pocket before coverage kicks in. These deductibles vary by provider and may apply per storm, per season, or per calendar year. Currently, 19 states and Washington, D.C. allow insurers to impose them.

Hurricane Season Prep: Review Your Coverage Before the Storm

Start by reviewing your current homeowners insurance policy with a licensed agent or public adjuster. Make sure you have replacement cost coverage, which pays to fully rebuild your home unlike actual cash value, which deducts for depreciation.

Also consider adding ordinance or law coverage. This helps cover the cost of code upgrades if you're required to rebuild your home to meet updated building standards after a storm.

Replacement cost coverage pays the full amount needed to repair or rebuild your home with similar materials no depreciation deducted. In contrast, actual cash value (ACV) policies subtract for wear and age, meaning you’ll receive less than what you originally paid for damaged property. For full protection after a hurricane or disaster, replacement cost coverage is the smarter choice.

Document Your Belongings

A quick video walkthrough is one of the fastest ways to build a home inventory. Go room by room, narrate what you’re filming, and include details like brand names, models, and estimated values. The more specific, the better.

Back Up Your Records

Record serial numbers, take photos of receipts, and store everything in cloud storage or email it to yourself. That way, even if your phone or computer is damaged, your documentation survives.

Don’t Skip Flood Insurance

Standard homeowners insurance doesn’t cover flood damage. If you live in a hurricane-prone area, consider purchasing flood insurance through a private provider or the National Flood Insurance Program (NFIP). Just note: NFIP policies typically have a 30-day waiting period, so don’t wait until a storm is on the radar.

If you're considering flood insurance through the National Flood Insurance Program (NFIP), timing is critical. Most NFIP policies come with a 30-day waiting period before coverage begins. That means if you wait until a storm is forecasted, it’s likely too late. To stay protected and compliant with mortgage requirements purchase flood insurance well before hurricane season starts.

The Bottom Line

To safeguard your home and belongings, act early before hurricane season peaks or the next storm forms. Secure flood insurance, increase coverage for your home’s structure and contents, and update your home inventory documentation, storing it safely in the cloud or offsite. Once a tropical storm is named, insurers typically freeze policy changes, leaving you exposed to costly risks.