7 On Your Side: Home and renters insurance - KPLC 7 News, Lake Charles, Louisiana

7 On Your Side: Home and renters insurance

It's the middle of hurricane season. When is the last time you took out your homeowners or renters insurance policy?

Homeowners and renters may want to review their policies to make sure their needs are met.

In just a few minutes, a disaster can ruin a home and possessions that may have taken years to acquire. Most people are reasonably confident their homeowners or renters insurance will be there if they need it, but it's a good idea to take out the policy at least every year to review it and make sure you know what it covers.

No matter what you do in the insurance area, you want to make sure you understand your policy very clearly -- that you know what your deductible is and what it covers.

It's also important to remember that since hurricanes Katrina, Rita and Ike, most people have a hurricane deductible that is 5 percent of the value for which their home is in insured. For instance in a sample policy, the deductible would be about 1/2 percent or $1,300 in the event of a fire or other loss, while, in the event of a hurricane, the deductible would be 5 percent which is $13,000.

Carmen Million, with the Southwest Louisiana Better Business Bureau,  says it means to be ready for a hurricane, most homeowners should have emergency money set aside.

"They want to understand exactly what they have to come out of pocket to get their home repaired and determine if they have enough coverage, and if not, they need to make sure they have the funds to cover those repairs if they need to have them done," said Million.

She also says it's a good time to take plenty of pictures inside and out, to prove what you have.

"Video tape their property inside and out, their fences, their landscaping, their any kind of things they have in their yard. They also want to inventory their furniture and the property that they have inside their home," said Million.

Million says it's also important to have copies of insurance papers, financial information and forms of identification ready to grab if there's an evacuation.

"Make sure you have your insurance policy handy. Make sure you have all your financial information handy. Put it in a safe place, so that if you do have to evacuate,whether it's through a flood or a hurricane or whatever, that you can get to that information very quickly," said Million.

After you've gathered up the information Million says keep it in a safe, protected place -- not out in the open where it could be stolen. 

Copyright 2014 KPLC All rights reserved

  • More Local NewsNewsMore>>

  • Woman's car stolen while at L'Auberge Casino

    Woman's car stolen while at L'Auberge Casino

    Friday, June 22 2018 6:36 AM EDT2018-06-22 10:36:38 GMT
    Car was stolen at Lake Charles Casino. (Source: Duson Police Facebook)Car was stolen at Lake Charles Casino. (Source: Duson Police Facebook)
    Car was stolen at Lake Charles Casino. (Source: Duson Police Facebook)Car was stolen at Lake Charles Casino. (Source: Duson Police Facebook)

    Duson Police Officers pulled over Rhett Page, 30, of Monroe for driving 78 mph in a 45 mph zone on Cameron Street, says Judice. Page told police he was rushing to witness the birth of his child at Lafayette General Hospital.  

    More >>

    Duson Police Officers pulled over Rhett Page, 30, of Monroe for driving 78 mph in a 45 mph zone on Cameron Street, says Judice. Page told police he was rushing to witness the birth of his child at Lafayette General Hospital.  

    More >>
  • Sunrise Kitchen: Crab-Stuffed Flounder

    Sunrise Kitchen: Crab-Stuffed Flounder

    Friday, June 22 2018 3:26 AM EDT2018-06-22 07:26:59 GMT
    (Source: SOWELA.edu)(Source: SOWELA.edu)

    SOWELA chef Roy Angelle and his students share a recipe for Crab-Stuffed Flounder on 7News Sunrise. Ingredients:  2 flounder filets 1 tablespoons butter 1 tsp. Lea and Perrins Worcestershire sauce ¼ tsp. lemon juice 1 ½ tbsp. mayo ¼ tsp parsley, chopped 1 oz. green onion ½ oz. bread crumbs 4-ounce crabmeat, drained and flaked Salt and pepper to taste Garnish with 1 sautéed shrimp  1 oz. butter Season shrimp and saut&eacu...

    More >>

    SOWELA chef Roy Angelle and his students share a recipe for Crab-Stuffed Flounder on 7News Sunrise. Ingredients:  2 flounder filets 1 tablespoons butter 1 tsp. Lea and Perrins Worcestershire sauce ¼ tsp. lemon juice 1 ½ tbsp. mayo ¼ tsp parsley, chopped 1 oz. green onion ½ oz. bread crumbs 4-ounce crabmeat, drained and flaked Salt and pepper to taste Garnish with 1 sautéed shrimp  1 oz. butter Season shrimp and saut&eacu...

    More >>
  • CPPJ approves mega site outside of Vinton

    CPPJ approves mega site outside of Vinton

    Friday, June 22 2018 12:19 AM EDT2018-06-22 04:19:28 GMT
    (Source: Maranda Whittington/KPLC)(Source: Maranda Whittington/KPLC)

    A mega site is coming, 12,000 acres available for business just outside of Vinton.  The site will be between the areas of Gum Island Road and Fabacher Road as well as other land across Interstate 10.  The police jury unanimously approved the rezoning request but not without opposition.   There's been meeting after meeting on something that could change the town of Vinton and the surrounding area in a big way.  A mega site. 12,000 acres of it starting from ...

    More >>

    A mega site is coming, 12,000 acres available for business just outside of Vinton.  The site will be between the areas of Gum Island Road and Fabacher Road as well as other land across Interstate 10.  The police jury unanimously approved the rezoning request but not without opposition.   There's been meeting after meeting on something that could change the town of Vinton and the surrounding area in a big way.  A mega site. 12,000 acres of it starting from ...

    More >>
Powered by Frankly