You might know them as natural disasters, but in the insurance business, situations that can seriously damage a house or other property are called “perils.” Not all of them are natural disasters, but each one can cause a lot of damage. There are many different types, but there are 16 that the industry calls out specifically in most policies, including Hastings Mutual’s Homeowners policies:
Accidental discharge of water or steam
Fire or lightning
Riot or civil commotion
Sudden and accidental damage from electrical current
Sudden and accidental tearing apart of a heating system or appliance
Vandalism or malicious mischief
Weight of ice, snow, or sleet
Windstorm or hail
If there’s a question on whether something is covered, our team will research the situation and make a determination based on the policy language and the details of what happened.
Our Homeowners policy rating algorithm is by-peril, meaning that the cost of your policy depends on the chance your property has to be affected by each peril. Every policy is different and your independent insurance agent can help answer your questions and create a policy that meets your needs.
Your Hastings Mutual policy is there to help you get back to normal when something goes wrong. But we’re there for you before disaster strikes, too. Let’s look at windstorms, something we’ve been insuring against since our first days in 1885.
A windstorm is any powerful wind, up to and including tornadoes and hurricanes. Tornadoes are more common in our six-state coverage area in the spring and summer, but windstorms can strike anywhere and at any time. Wind can knock down trees and shatter windows. It can lift up outdoor furniture and topple small structures like sheds.
Here’s what you can do to reduce the impact of a severe windstorm on your property: