Hurricanes

Hurricanes are among the most destructive forces in the world. Insuring your house wisely for such a devastating event is crucial. Statistically speaking, Providence gets brushed or hit with a hurricane or a tropical storm every 7.21 years. Boston, on the other hand, gets brushed or hit every 6.23 years (according to hurricanecity.com; September, 2008).

It is important to know that many companies in Rhode Island and Massachusetts make consumers carry a significantly higher deductible (the amount of money paid out of your pocket) for hurricane coverage as a result of the elevated amount of damage costs. Some insurance companies’ hurricane deductible make homeowners pay 2-3% of the value of your home. Many insurers do not know about this hidden cost until it is too late. MKI prides itself on offering policies without hurricane deductibles. For more information regarding this matter, we encourage you to inquire more about this subject with one of our agents.

MKI: Since 1936