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Mississippi Insurance Department: Policies for residents to consider ahead of hurricane season

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The Mississippi Insurance Department is giving residents tips on the best policies to consider ahead of the upcoming hurricane season.

The 2024 Atlantic hurricane season begins Saturday and runs through the end of November. Predictions from the U.S. National Oceanic and Atmospheric Administration’s (NOAA) National Weather Service show that the upcoming season could be one of the worst in years.

While there is no specific “hurricane insurance,” other coverage types such as multiple peril insurance encompasses wind damage or hail damage caused by a hurricane or other named storms. A standard homeowner’s policy covers damage from wind and hail.

Named storm deductibles are deductibles that apply to any named storm as designated by the National Weather Service. Named storm deductibles are typically a percentage of the value of the dwelling that is insured. This is different from other peril or wind deductibles, which are usually expressed as a specific dollar amount.

“Flood insurance is not covered under most homeowner insurance policies,” Insurance Commissioner Mike Chaney said. “Flood insurance is typically purchased as a separate, stand-alone insurance. You can contact your insurance agent to discuss flood insurance or purchase it through the National Flood Insurance Program.”

Anyone in need of assistance with an insurance claim can click here.

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