Hurricane Sandy destroyed an estimated 250,000 vehicles. Most of the damage was caused by flooding from high surf, torrential rains, and swollen rivers, a catastrophe normally not associated with New Jersey or New York. Consequently, many of the people who lost cars in the super-storm were caught without flood protection and left wondering, after the fact, if they could have upgraded their auto insurance coverage after hurricane warnings were issued.
Though each insurance company operates under different policies, in most instances a provider will not increase its coverage in an area where a hurricane is fast-approaching. All reputable providers impose waiting periods before issuing coverage. Otherwise, without, people would wait for hurricane or flood warnings before taking out comprehensive coverage, which protects cars from acts of nature. Such a system would bankrupt the auto insurance industry since providers would be covering only risks with almost guaranteed losses.
Protect Your Car With Comprehensive Car Insurance
To protect yourself from future acts of nature, contact your car insurance agent about purchasing comprehensive coverage. This optional policy protects cars from damage not caused by man. Tornadoes, hurricanes, tsunamis, floods, wildfires, lightning strikes, hail, toppling trees, and even wandering wildlife all fall into this category. If your vehicle is damaged in a future flood, for example, your provider will cover the repair costs minus the deductible. If your car is totaled by floodwaters, you will be compensated based on the vehicle’s current market value.
Like most car insurance policies, you choose the deductible which best fits your budget. When deciding, ask yourself how much you could afford to pay should an unexpected event occur. The lower the deductible the higher the premium.