OAI: Storms Highlight the Need to Know What Your Auto Insurance Policy Covers

Atlanta, GA, September 13, 2011 --(PR.com)-- Even as residents of the storm-ravaged East Coast and other regions struggle to return to normal, experts say more severe weather may be heading their way.

The impact of tropical storms Irene and Lee - and the threat of more storms that could strike soon - underscore how important it is for consumers seeking cheap insurance for young drivers or other demographics to be aware of exactly what their auto policy covers.

Government officials and industry experts still had not come up with a definite total in damages caused by Tropical Storm Irene, which struck late last month, when Tropical Storm Lee tore across much of the Gulf and East coasts over the Labor Day weekend.

And the National Weather Service was reporting Friday that, while Hurricane Katia had veered off into the North Atlantic, two more tropical storms - Nate and Maria - could strike portions of the United States.

Experts say that hurricanes present the greatest threat to life and property, but less severe weather systems such as tropical storms and depressions can also do serious damage.

Source: http://www.weather.gov/os/hurricane/resources/TropicalCyclones11.pdf

If the earlier storm activity was any indicator, the damage to homes, vehicles and other property could be significant.

According to the Insurance Information Institute, losses from Irene could climb as high as $5 billion. And Georgia Insurance Commissioner Ralph T. Hudgens last week said preliminary damage estimates in that state from Lee - which struck one week after Irene - had already risen to about $15 million.

According to III, familiarizing yourself with the terms of your policy may be one of the best ways to protect yourself financially from the impacts of severe weather. The institute advises consumers to:

--Know what your policy covers. Don’t wait until after disaster has struck to learn you don’t have comprehensive coverage that will reimburse you for losses due to catastrophic storms, flooding and fire.

--Report damage as soon as possible.

--Be aware of your deductible and any other charges before authorizing any work on your car.

To learn more about this and other insurance and safety issues, readers can go to http://www.onlineautoinsurance.com/teenagers/cheapest-young-drivers/ where they will find informative resource pages and a rate-comparison generator that can help quickly evaluate their coverage options.

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