Does homeowner insurance cover tornado damage?
The Insurance Information Institute (III) reports that the U.S. experiences more tornadoes than any other country – about 1,000 in any given year.
Tornado damage for homeowners
The damages that result from a tornado — mostly as a result of the intensely strong winds, hail and lightning — are typically covered under your home insurance policy. However, any flood damage wouldn’t be covered by your standard homeowners policy. For total peace of mind, consider purchasing a separate flood insurance policy to keep you better protected.
Tornado damage for condos and renters
Like homeowners policies, condo and renters insurance policies provide coverage for damage caused by the high winds and hail related to a tornado. The difference is in the property covered by these policies.
The property covered by a condo policy depends on the condo association bylaws. The bylaws will describe which property is your responsibility and which property is covered by the condo’s master insurance policy. Your condo insurance applies to portions of the structure that you’re responsible for in addition to your personal property. For more information on what’s covered, you can reach out to your association or contact our representatives to discuss your individual unit’s policy.
Renters policies, on the other hand, provide coverage for your personal property. A renter’s policy doesn’t cover the structure, as you’re not an owner of the property itself.
Tornado damage for cars
Most damage to your car due to a tornado would be covered under your auto insurance policy if you opted to purchase comprehensive (Other than Collision) coverage. Comprehensive coverage provides protection for damage from natural events, such as wind, hail, lightning, falling objects or debris and flooding.