When Is the Deadline for Windstorm Insurance?

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When Is the Deadline for Windstorm Insurance?

Richard Longoria

July 21, 20089

THIS IS A PRESS RELEASE FROM THE INSURANCE COUNCIL OF TEXAS

 

Mark Hanna                                                                       
512-326-7616            

Tropical Storm Dolly Eyes Texas

Hurricane forecasters say Tropical Storm Dolly should strengthen as it enters the Gulf of Mexico and her projected landfall is Texas. 

"It is still too early to tell what the intensity of the storm will become or its landfall, but everyone along the Texas coastline should be preparing for a hurricane," said Mark Hanna, a spokesman for the Insurance Council of Texas (ICT).

 Tropical Storm Dolly is expected to enter the Gulf of Mexico Monday afternoon.  When and if Dolly becomes a hurricane while in the gulf, Texas homeowners will no longer be able to purchase windstorm insurance for this storm.  A flood insurance policy takes affect 30 days after purchase.

Homeowners can take several steps to prepare for a hurricane.  They include having emergency supplies on hand that includes extra water, food, medical supplies and transportation available, protecting their property and having an evacuation plan in place.  For more information on preparing for a hurricane, go to ICT's Web site for Before the Hurricane - Advice for Homeowners in both English and Spanish at http://www.insurancecouncil.org/consumertips.asp.

 Tropical Storm Dolly could become the first hurricane to strike the U.S. this year.  The storm's projected landfall is Thursday.  Only one hurricane, Humberto, made landfall in the U.S. last year, striking near High Island with 85 mile per hour winds and causing $30 million in damage. 

 The Insurance Council of Texas is the largest state insurance trade association in the country consisting of approximately 500 property and casualty insurers writing business in Texas.

 

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Tuesday, Jul 22 at 12:57 AM anonymous wrote ...

I thought it had to do with how far out a hurricane was located, then you can't buy the insurance.

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Monday, Jul 21 at 3:17 PM Anonymous wrote ...

I work at a local insurance agency. It is a bit late for Flood Insurance, but you still have time to get Wind/storm coverage on your home. The cutoff is when a named hurricane reached the 80'/20' coordinates on map. If you don't have coverage, the sooner you act the better, since all wind/storm apps need to be processed and then sent snail mail. Hope that helps!

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Monday, Jul 21 at 2:49 PM Anonymous wrote ...

its to late for insurance now the storm was named once a storm is named you cant get any kind of house insurance and if you do it isnt effictive is it

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