GT Insurance Blog

Insurance problems and cures

Hurricane prep 2

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One hurricane seems to be heading to brush NY’s Long Island. A few minutes ago we got our second insurance carrier e-mail freezing property exposures until the hurricane has passed by. And it’s way too late to put on flood insurance since it takes 30 days to go into effect (unless you’re closing on a piece of property).

Inadequate insurance coverage on property is pretty widespread. Talk to your insurance advisor about how to value property and how to manage your risk.

And by the way, tape on windows is not actually very useful in preventing wind damage.

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