Windstorm insurance is vital for anyone owning a home or business near coastal waters. If you live in one of Texas’ 14 coastal counties or are new to the windstorm insurance process, navigating the maze of windstorm regulations can be as perilous as sailing through stormy waters. With XYZ Roofing and Restorations on your side, we will help you navigate through the process for peace of mind.
There is no requirement for windstorm insurance in Texas, however, almost any mortgage company will require it as part of their terms. Even if you built your own structure, do so within windstorm specifications. Because inspections can only be made during construction, the Certificate of Compliance is a major selling point that guarantees code compliance and windstorm insurance eligibility.
If you build or renovate a major structure without a Certificate of Compliance, reselling the structure can be tough as it may be ineligible for windstorm coverage or may require a heavy surcharge to the policy’s premium.
Know that once a hurricane enters the Gulf of Mexico, you will no longer be able to purchase new or additional windstorm coverage in Texas until after the storm has cleared your area. Flood insurance is equally important to coastal homes and businesses but offers no protection from wind or hail damage. Just as flood insurance does not provide coverage for wind damage, windstorm insurance provides no protection for flooding. The bottom line is to secure both types of coverage.
If you are not sure which Texas counties are susceptible to hurricanes, then the following list should help:
While not required for all construction, the following projects typically require an inspection for windstorm insurance purposes:
Windstorm insurance inspections under this program must be made by either a Texas Department of Insurance (TDI) inspector or an engineer who has been appointed by the Commissioner of Insurance.