It is an important coverage to consider for homeowners, especially in areas prone to strong winds, tornadoes, and hurricanes. It provides financial protection for damage caused by wind events, ensuring you can afford repairs and rebuild if necessary. It’s answers for question “What is Wind Insurance?”
Are Wind and Hurricane Insurance the Same?
A windstorm insurance policy and a hurricane insurance policy are not the same. Windstorm insurance only covers damage caused by wind. There is no specific “hurricane insurance,” it may include a windstorm policy, flood insurance, and homeowners insurance.
Wind deductibles
Wind deductibles are usually calculated as a percentage of your home’s dwelling coverage limit, ranging from 1% to 5%. For instance, if your home is insured for $500,000 and your wind deductible is 3%, $15,000 would be deducted from your claim payout before insurance covers the costs of wind damage repairs.
How much does windstorm insurance cost?
The average cost of homeowners insurance in 2022 is $1,754 nationwide. However, if you live in a high-risk coastal area, you can expect to pay several hundred dollars more for windstorm insurance premiums alone.
In Texas, the annual cost of a windstorm policy is $1,750, as stated by the Texas Wind Insurance Association (TWIA). Remember, this is an additional expense on top of your home insurance.
States that frequently encounter tornadoes and wind storms generally have higher home insurance premiums. Here are the average costs of home insurance in the top five tornado-prone states.
| State | Average monthly cost | Average annual cost | Percentage difference from the national average |
| Texas | $257 | $3,080 | 62% |
| Kansas | $263 | $3,159 | 66% |
| Oklahoma | $361 | $4,331 | 128% |
| Alabama | $172 | $2,063 | 9% |
| Mississippi | $243 | $2,919 | 54% |