Residential Hurricane PM®, a multi-trigger parametric hurricane insurance product specifically designed to address the protection gaps often found in traditional residential property insurance policies. This product is intended to supplement traditional policies, helping to transfer risks that may be sub-limited, excluded, or fall within an insured's deductible.
Benefits of Residential Hurricane PM®: Traditional residential property insurance policies frequently exclude or limit coverage for items such as:
- Art collections
- Beach erosion & land
- Docks
- Outdoor property (e.g., landscaping, pools, patios, tennis courts)
- Seawalls
- Solar panels
With Residential Hurricane PM®, you can secure financial protection for these often-exposed areas, ensuring broader coverage that helps mitigate economic loss from hurricanes, even in the absence of physical damage
