What is Wind insurance? When is it required?
Wind insurance is simply an insurance policy to ensure you are adequately covered against damages caused by wind and hail. Wind insurance is required when your property is located in areas prone to hurricanes and tropical storms, i.e. Gulf States and/or your current homeowner’s policy has specific wind exclusions. Some insurance companies provide wind and hail coverage through the homeowner’s policy, while others do not. If your company has excluded wind and hail coverage from your policy, Marix recommends you change carriers or purchase a separate wind policy to avoid Marix placing a wind only lender place policy that may be much higher than a policy you could purchase on your own.
