After a major storm, many homeowners discover an expensive truth: having homeowners insurance doesn’t necessarily mean every type of damage is covered. Some retirees are surprised to learn they have a separate hurricane deductible, no flood coverage, or dwelling limits that haven’t kept up with today’s rebuilding costs. Those discoveries often happen after the damage is already done, when changing your policy is no longer an option. Spending 30 minutes reviewing your coverage before severe weather arrives could save thousands of dollars (and a tremendous amount of stress) later. Here is a look at seven questions that every homeowner (yes, you too) should ask before the next storm.
