08-19-2014, 02:58 AM
According to Zephyr Insurance Co., here is the real info:
"There was some misunderstanding whether it was a hurricane compared to a wind storm," he said. "It would be a hurricane as defined when the National Weather Service issues a hurricane watch or a warning. That's when the hurricane policy coverage begins and it remains intact until 72 hours after it is lifted by the National Weather Service. Changes in the storm conditions would not impact the in-force hurricane coverage."
The National Weather Service declared a hurricane warning on Aug. 6 and it remained in effect until being lifted on Aug. 8. That means hurricane coverage remained intact until 72 hours after that date, or until Aug. 11, according to Toyama.
Many homeowners' policies exclude hurricane coverage, so those without a companion hurricane policy would be uninsured for Iselle and thus liable for all the damage caused to their property."
"Zephyr, with more than 70,000 customers and about 30 percent of the hurricane insurance market, is one of the top two insurers in Hawaii along with State Farm."
The article requires you to have the subscription to read it, but here is the link:
http://www.staradvertiser.com/businesspr...=271792011
"There was some misunderstanding whether it was a hurricane compared to a wind storm," he said. "It would be a hurricane as defined when the National Weather Service issues a hurricane watch or a warning. That's when the hurricane policy coverage begins and it remains intact until 72 hours after it is lifted by the National Weather Service. Changes in the storm conditions would not impact the in-force hurricane coverage."
The National Weather Service declared a hurricane warning on Aug. 6 and it remained in effect until being lifted on Aug. 8. That means hurricane coverage remained intact until 72 hours after that date, or until Aug. 11, according to Toyama.
Many homeowners' policies exclude hurricane coverage, so those without a companion hurricane policy would be uninsured for Iselle and thus liable for all the damage caused to their property."
"Zephyr, with more than 70,000 customers and about 30 percent of the hurricane insurance market, is one of the top two insurers in Hawaii along with State Farm."
The article requires you to have the subscription to read it, but here is the link:
http://www.staradvertiser.com/businesspr...=271792011