The Northeast Needs Hurricane Coverage As Well As the Gulf Coast
When you think of the need for insurance against floods and hurricanes, most people think of Florida and other Gulf States. But people in New England might be surprised when they get a home owner insurance quote to find out that their area is also considered to be a major risk. In fact, the value of coastal exposed property in New York alone is almost the same as that in Florida, coming in at a whopping $2.4 trillion.
So a major hurricane or other storm could be catastrophic for the Northeast. The good news is that because major hurricanes and other storms are much less frequent in that part of the country, cheap home insurance can be found to cover such eventualities. And with weather patterns expected to produce more hurricanes and storms in the Atlantic over a wider area, now might be the perfect time to get home insurance quotes to protect your family against such a catastrophe and avoid a financial disaster down the road.
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admin on September 30th 2009 in Insurance