It's always better to be safe than sorry.  That's the message from Louisiana State Insurance Commissioner Jim Donelon.
Hurricane and Flood Insurance photo by hurricane

Donelon says all it takes is one major flood or hurricane to wipe you out with property losses.

 It's time for Shreveport-area property owners to make sure they have plenty of hurricane and flood insurance, even though a mild hurricane season is predicted.

 While Shreveport Bossier is well north of the coast, a hurricane can still do a lot of damage with flooding,  the effects of which can easily be felt there.

   Donelon says make sure you have insurance. If you live in a coastal state, it's time to pull out your homeowners insurance policy and see if you have a hurricane deductible. This will determine the amount of money you must pay out-of-pocket before your coverage kicks in if there is a hurricane. Hurricane deductibles are clearly listed in your policy, according to the Insurance Information Institute.

Eighteen coastal states allow insurers to incorporate hurricane deductibles into their homeowners policies: Alabama, Connecticut, Delaware, Florida, Georgia, Hawaii, Louisiana, Maine, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina, Texas and Virginia.
While traditional, standard homeowners deductibles for fire, theft and other disasters listed in the policy are usually a flat dollar amount, such as $500 or $1,000, hurricane deductibles are generally calculated as a percentage and typically vary from 1 to 5 percent of a home's insured value.

 So, if a home is insured for $300,000 and the policy on the structure has a 5 percent deductible, the first $15,000 of a claim must be paid by the policyholder in the event there is a windstorm or hurricane strong enough to meet the hurricane deductible threshold as