Best hurricane insurance in 2024

Hurricane insurance is somewhat of a misnomer: no one policy can cover your home after hurricane damage.

Rather, you need a combination of homeowners insurance, windstorm coverage (which could have a separate deductible or be a separate policy in some hurricane-prone states) and flood insurance to recover from a hurricane.

Here’s what you need to know to find the best homeowners insurance and flood insurance to protect your home this hurricane season. (See our methodology for more information on how we chose the best hurricane insurance options.)

Who’s this for? State Farm is a strong option for those who need to cover their home and want excellent customer service — it ranked above average for customer satisfaction in J.D. Power’s Overall Customer Satisfaction Index ranking for homeowners insurance in 2024. While it doesn’t offer flood insurance directly, it could be an excellent option for those who already have coverage with a National Flood Insurance Program (NFIP) policy, or are planning to get one.

Standout benefits: The brand offers discounts for those who add storm-resistant features to their home, including a roofing discount and a wind mitigation discount.

Who’s this for? Finding flood and homeowners insurance coverage for a high-value home is easy with Chubb, which offers up to $15 million of property coverage for its flood insurance.

Standout benefits: Chubb’s flood insurance coverage can extend to finished basements, a flood-prone area that some other flood insurance excludes. Chubb’s homeowners insurance offers extended replacement cost coverage, coverage for valuables and collections and high personal liability limits up to $100 million which could be useful for high-net-worth homeowners.

Who’s this for? If you want to get your homeowners insurance and flood insurance from the same company, Allstate stands out for offering both NFIP coverage and private flood insurance through Beyond Floods, an Allstate company.

Standout benefits: Allstate offers several discounts on homeowners insurance, including a multi-policy discount of up to 25% for those who bundle home and auto insurance. Florida homeowners also have access to a windstorm mitigation discount to help lower costs in the state.

Homeowners insurance alone can’t cover all of the damage from hurricanes. There are two main types of damage you could face in the wake of a storm: flood damage and wind damage. You’ll need to have separate policies to cover both.

Homeowners insurance can sometimes cover wind damage, though this isn’t the case in all states. You may be able to get windstorm insurance with your homeowners insurance. If you can’t get windstorm coverage on the private market, some state insurance associations offer coverage for wind and hail damage.

Since homeowners insurance doesn’t cover flooding, you’ll also need a separate flood insurance policy to be fully covered in the event of a hurricane. You can get flood insurance through a private flood insurer or FEMA’s National Flood Insurance Program (NFIP).

Homeowners insurance deductibles are the amount that you need to cover if your home is damaged and you file a claim. Generally, this amount is deducted from the amount you receive to repair or replace your home.

Both flood insurance and homeowners insurance policies have separate deductibles. Homeowners insurance policies typically have deductibles that are a flat dollar amount, like $1,000. However, if your home is damaged due to wind or a named storm or a hurricane in certain states, you could have to pay a percentage-based deductible in addition to your homeowners insurance policy deductible.

These 19 states have a hurricane or named storm deductible, according to the National Association of Insurance Commissioners:

• Alabama
• Connecticut
• Delaware
• Florida
• Georgia
• Hawaii
• Louisiana
• Maine
• Maryland
• Massachusetts
• Mississippi
• New Jersey
• New York
• North Carolina
• Pennsylvania
• Rhode Island
• South Carolina
• Texas
• Virginia

At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every insurance review is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of insurance products. To research the best insurance companies, we compiled over 100 data points on more than a dozen insurance companies. While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content without input from our commercial team or any outside third parties, and we pride ourselves on our journalistic standards and ethics. See our methodology for more information on how we choose the best insurance companies. 

To determine the best insurance companies, CNBC Select analyzed homeowners insurance companies and flood insurance companies and compared them based on various factors. 

While narrowing down the best insurance companies, we focused on the availability of both flood insurance and homeowners insurance. We then considered companies’ customer satisfaction ratings according to J.D. Power surveys, NAIC ratings and financial strength ratings from A.M. Best.

We also considered CNBC Select audience data when available, such as general demographics and engagement with our content and tools.

From there, we sorted our recommendations by the best for customer satisfaction, best for high-value homes and best for bundling.

Note that the premiums and policy structures advertised for homeowners and flood insurance companies are subject to fluctuate in accordance with the company’s policies.  

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