Standard home insurance covers hail damage in most jurisdictions. However,
coverage is extended in many ways, depending on where you live and how
the program is set up.
Here we'll clarify how home insurance covers your house for hail damage
and what to do if the damage is removed from your policy.
We'll also mention the most hail damage-prone states that are most
likely to have unique hail coverage methods and claims.
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Top Hail Damage States
More than seven million American homes were destroyed in 2019, according
to Verisk, an analytics company.
The nation gets over 5,000 hail storms a year. Hail caused property damage
over $13 billion in 2019.
Not only Colorado, Nebraska, and Wyoming's "hail alley" states
see the damage. Verisk said South and Midwest areas are also vulnerable
Texas experienced most damage in 2019, but Colorado and Nebraska had much
higher numbers of damaged properties.
Here's Verisk's top 10 hail-damage ranking:
1 Texas 1.5 million 16%
2Colorado 926,160 46%
3 Illinois 407,8109%
4 Pennsylvania 388,7708%
5 Ohio 358,706 7%
6 Kansas 346,024,30%
7 Minnesota 323,950 16%
8Oklahoma 293,261 21%
9Nebraska 277,360 41%
10Indiana 224,875 8%
The study also points out that while hail is more common in the highlighted
states, hail may fall in all or at least a portion of them. This underlines
the need to keep the hail loss insurance policy up-to-date.
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What Insurance costs for Hail Damage?
An insurer typically covers the loss minus deductible.
We believe policyholders
need to file promptly when the home losses hail. You should also photograph the damage. Do not
patch until calling your insurer, although you may want to protect the
damage with a tarp or other coverage. You have the right to hire an experienced
home insurance attorney to assist.
The standard policies can require a claim within as little as one year
of deciding that a hail storm destroyed your roof or other house pieces.
We suggest calling your an experienced insurance attorney or insurance
agent to make sure you know the time limit for any claims.
A typical homeowner's policy typically covers hail damage to a roof
as part of several states' insurance coverage. Homeowners make a claim,
pay the insurance deductible, and then pay to repair the harm. A deductible
is an amount you pay to lose until the insurance provider pays a claim.
When agreeing to file a claim, you can always be confident that the insurance
premium sum exceeds the deductible by enough money to make financial sense.
For example, if your house supports damage worth $2,000 and your deductible
is $1,000, it might not be wise to file a claim. That's because a
claim will increase your prices. So, in the long run, you'd pay more
for claiming than just paying out of pocket for injury. If you have any
doubt, you should contact an experienced insurance lawyer.
Does a Hail Claim Raise Home Insurance Rates?
Likely not. Since your negligence doesn't cause weather damage, your
insurer won't usually raise your premium. However, if you lodged a
claim within the previous three years, the rate will rise, and the hail
claim is the second. Therefore, we believe it is essential to consult
with an insurance attorney to file a claim.
Often, though your premium does not increase if you live in a hail damage-prone
location, the insurance provider charges a higher base rate for anyone
in that vicinity than areas where hail is rare. Lastly, some states, including
Texas, forbid home insurers from raising premiums after only one claim,
so it all depends on the state laws.
Following Hurricane Katrina in 2005, insurers agreed homeowners in states
with hurricane and wind damage (including hail) needed to pay more for
There are two types of wind damage deductibles: hurricane deductibles that
apply to hurricane-only damage and windstorm or wind/hail deductibles
that apply to any form of wind damage.
Usually, deductibles vary from 1% to 5% of the house's insured value,
depending on where the house is situated and the region's historic
storm and hail harm.
In some states, policyholders will have the option of paying a higher premium
in return for a traditional dollar deductible. In some high-risk coastal
regions, insurers may not have this option, making the deductible percentage
Homeowners need to evaluate their insurers' situation to know exactly
how much coverage and how much it will cost.
Currently, 19 states have statutory hurricane deductibles, which also cover
hail harm. They include Alabama, Connecticut, Delaware, Florida, Georgia,
Hawaii, Louisiana, Maine, Maryland, Massachusetts, Mississippi, North
Carolina, New Jersey, New York, Pennsylvania, Rhode Island, South Carolina,
Texas, Virginia, and Washington, D.C.
Home Insurance, Hail Loss
Check your policy for wind/hail damage omitted in your policy. If removed,
you might want to explore a separate wind insurance policy, usually a
state insurance program.
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Keep Your Money and Avoid TWIA!
For example, the Texas Windstorm Insurance Association (TIWA) offers wind
and hail coverage policies where insurance providers exempt it from the
homeowner's policies sold to coastal residents. TWIA policy's
average premium is around $1,600. We strongly recommend not purchasing
TWIA unless necessary. TWIA is notorious for using governmental immunity
to get out of paying legitimate insurance claims. Our personal opinion
is to get a market insurance carrier if possible.
Cosmetic Damage Exclusion (Lawyer Up!)
Insurers have agreed to use "Cosmetic Damage Exclusion" to insure
homeowners. Experts say that the object is to reduce insurers' losses
when extreme weather results in many costly claims for injury.
Insurance firms now have the option to exclude payments from hail or wind
for damage to external surfaces, including walls, roofs, doors, and windows,
if the storm affects the appearance but not the function of these items.
Insurers claim the exclusions are essential to avoid raising homeowners'
Some firms may immediately request exclusion, while others may provide
it on a case-by-case basis, according to the American Insurance Services
AAIS adds that insurers can reimburse homeowners for lack of coverage of
cosmetic storm damage by granting them a credit that lowers premiums on
the portion of the policy's hail and wind damage. Barry and AAIS suggest
talking to the insurance agent to decide whether you will be disqualified
and earn a refund.
Homeowners need to figure out precisely what they think is cosmetic versus
practical hail and wind damage. It could be a grey area the insurer has
to specify. Therefore, it is imperative to contact an experienced insurance attorney.
A house with dented siding keeps running, but it looks terrible and causes
the house to drop in value. Due to the vague concept of cosmetic injury,
insurance providers should make it whole, even though the house still operates.
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