Hurricanes, Real Estate, and Insurance OH MY!

August 26, 2008 · Print This Article


Live in the Gulf States and thinking of purchasing a home in the next couple of days? Better move fast! During hurricane season insurance companies take great measures to protect themselves against a potential loss when it comes to hurricane insurance claims. When a storm enters the Gulf of Mexico insurance companies can no longer write policies until the storm either passes or it moves out of the Gulf. Being a Realtor in the Baton Rouge Real Estate Market I have learned that a home can not close when a hurricane enters the Gulf. If your can not get insurance mortgage companies can not provide the funds/monies to close. Many buyers get angry however; we don’t make the rules we just abide by them.

So with Sunday soon approaching and insurance companies scrambling better get your insurance locked in before Thursday. As always, when storms enter the Gulf make sure to be prepared, fill all cars up with gas, gather all necessary food and supplies and most importantly if you live in low lying areas please evacuate. In the event you do evacuate ensure that you take with you all valuables (pictures, jewelry, art work, money) and never forget your important paperwork such as: social security cards, birth certificates, insurance papers, mortgage papers, and any paper that you may need. Remember it’s always better to be safe than sorry.

If buying or selling call the pro that knows the Baton Rouge Real Estate Market Jennifer Dazet 225-362-3739

You can also visit my website at www.jenniferdazet.com

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