INSTANT PAYMENT AFTER THE STORM FOR FASTER RECOVERY
When a hurricane hits, you’ll need money right away to get back on your feet—often thousands of dollars. StormPeace will help you pay your insurance deductibles, evacuation expenses or other losses not covered by windstorm insurance. StormPeace automatically pays you when a named hurricane hits your location. The stronger the hurricane, the greater the payment. Getting a policy is simple. There’s no deductible and the claims process is easy. Money is transferred to your bank account within days after the hurricane.
How is StormPeace different than other insurance?
In traditional insurance, you file a claim for losses you have incurred, and get paid a negotiated settlement amount following an investigation of damages by an adjuster. It could take weeks to months before you get a payment. StormPeace doesn’t assess your damages—It pays you whenever you are hit by a hurricane. No claims adjusters, no negotiations. Full transparency when you purchase the policy. We notify you of your eligibility, and on acceptance you get paid immediately. You could receive your payment within days after hurricane ends. You will need to provide proof of loss. StormPeace has no deductible – we pay you from the first dollar.
How long will it take to receive my payment?
StormPeace will notify you if you are eligible for a payment and ask you for an attestation to confirm your losses. You should receive your payment within few business days after we receive your attestation.
How much will StormPeace pay me when a hurricane hits?
StormPeace payout depends on the strength of the hurricane and how close it comes to your location. For example, if you chose a policy limit of $5,000 and a Category 5 hurricane passes by your location within 15 miles, you would receive a full payout of $5,000. If however, a Category 3 passed by your location within 15 miles, then you would receive a payout of $3,500. The payout is proportional to the policy limit that you choose at the time of purchasing the policy. Contact your StormPeace agent to get an accurate quote for your exact location of insurable interest.
What if I don’t experience any damage? Do I still get paid?
StormPeace covers you for losses that arise directly from a named hurricane. It is designed to pay you within days after you incur damages, in order to help you rebuild fast. You will be required to submit proof of loss when requested. If you have not incurred any damage, you will not be eligible for the payouts. Please contact your local agent if any concerns.