For immediate release
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NEW YORK, July 24, 2020 – Tropical Storm Hanna has the potential to cause property damage along the Texas and Louisiana coasts as a Saturday landfall is expected near Corpus Christi, Texas.
Impacts of this tropical cyclone, the earliest eighth named Atlantic basin storm on record, are covered under different insurance policies, according to the Insurance Information Institute (Triple-I).
Property damage to a home, a renter’s possessions, and a business – resulting from a flood – is generally covered under FEMA National Flood Insurance Program (NFIP) policies, if the homeowner, renter or business has purchased one. Several private insurers also offer flood insurance.
Private-passenger vehicles damaged or destroyed by either wind or flooding are covered under the optional comprehensive portion of an auto insurance policy. Nearly 80 percent of U.S. drivers choose to purchase comprehensive coverage.
Through its Resilience Accelerator and the organization’s other educational materials, the Triple-I offers the following preparedness tips to coastal residents in Texas and Louisiana: