NAGICO launches the Hurricane Xtra Policy
PHILIPSBURG (Monday, July 23, 2018) — Today, NAGICO Insurances unveiled a new insurance product called the NAGICO Hurricane Xtra Policy. It’s designed as a supplemental coverage to insure uncovered expenses that may arise following a hurricane as well as items around your home that are not typically covered against hurricane damage under the standard Homeowners Policy.
“Based on our client’s as well as our personal experiences dealing with the turmoil post hurricanes Irma and Maria, we realized that there was a need for a policy that could provide cover for the additional costs that would arise after this kind of a disaster,” Dwayne Elgin; CEO of NAGICO explained. “We created the Hurricane Xtra Policy to take care of expenses clients may not have catered for. The beauty about this coverage is how simplified and hassle-free the claim process is and that you the client get to decide how much coverage you want to purchase as well as how to use the payout.”
The NAGICO Hurricane Xtra Policy does not require estimates or adjuster involvement, so you can get back on your feet faster with this swift pay out after the disaster. Best of all, there is no deductible.
“It is important to note that the Hurricane Xtra policy is not a replacement coverage for a standard Homeowner’s Policy. It is a policy designed to complement your existing Homeowners Policy and provide you with additional protection.” said Mr. Elgin.
Examples of items and costs that can be covered under this policy are: landscaping, travel expenses, emergency evacuation or medical care for you and your family, fuel for generators or vehicles post hurricane, loss of wages, even that pesky deductible on your standard policy and so much more.
Business owners will be pleased to know that this policy can provide additional protection to their NAGICO policies as well.
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For more information on the new Hurricane Xtra Policy, contact any NAGICO representative, agent or broker, or visit them at our office or online at www.nagico.com.
