Gulf Coast Storm Protection provides the safeguard you need.
Whether its hurricane protection or rising water, we have your solution. High winds and water whether wind born or rising water, are the leading causes of costly damage to a structure. As in all types of structures, windows are the weak points. Windows can be simply blown out or broken by flying debris causing at minimum severe water damage and in many cases catastrophic structural failure due to instantaneous pressurization. In addition rising water either from storm surge or oppressive rainfall can be equally as damaging. Had our product line been available at the time of the Katrina disaster in New Orleans, damage to the city from the broken Levee and hurricane force winds could have been greatly minimized. Some of you may choose to rely on your insurance policy alone. Before you make that decision you should read the following article:
Insurers avoiding coastal markets
In addition to raising rates, insurance companies are putting tighter restrictions on what they will cover. For example, Barry, of the Insurance Information Institute (III), says insurers are forcing homeowners in some markets to install hurricane-resistant upgrades, such as storm shutters, before they qualify for insurance.
In other markets, including the highly exposed southern Louisiana coast and some parts of Florida, insurers are pulling out all together, Donelon says. "We are in a very hard market," he says.
When insurers are looking to renew policies along the coastal United States, they are now taking entire regions into account, rather than considering each state as a separate market.
"The insurance market looks at the entire Gulf Coast as one hurricane alley," Donelon says, adding that he hopes a few more inactive years like 2006 will be enough to persuade more insurers to move back to the coast and begin writing policies again.
"With some good fortune and some more willingness of the industry to re-enter those markets, prices will stabilize the way they did following the Sept. 11 terrorist attacks," he says.
Aside from homeowners and commercial insurance, other insurance costs stayed comparatively under wraps in 2006.
Except from an article reported and written by Michael Giusti of Bankrate.com
Our mission at Gulf Coast Storm Protection is to seek out and provide state of the art storm protection systems to the public. We believe we have the solution.
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