NAGICO launches its Hurricane Xtra Policy | THE DAILY HERALD

Dwayne Elgin

PHILIPSBURG–NAGICO Insurances has launched a new insurance product called NAGICO Hurricane Xtra Policy. The company said in a press release that the policy is designed as supplemental coverage to insure uncovered expenses that may arise following a hurricane as well as items around the home that are not typically covered against hurricane damage under NAGICO’s standard homeowner’s policy.

“Based on our clients’ as well as our personal experiences dealing with the turmoil post-Hurricanes Irma and Maria, we realised that there was a need for a policy that could provide coverage for the additional costs that would arise after this kind of a disaster,” NAGICO Chief Executive Officer (CEO) Dwayne Elgin said.

“We created the Hurricane Xtra Policy to take care of expenses clients may not have catered for. The beauty about this coverage is how simplified and hassle-free the claim process is and that you, the client, get to decide how much coverage you want to purchase as well as how to use the pay-out.”

The NAGICO Hurricane Xtra Policy does not require estimates or adjuster involvement, so clients can get back on their feet faster with a “swift pay-out after the disaster. Best of all, there is no deductible,” the release said.

“It is important to note that the Hurricane Xtra Policy is not a replacement coverage for a standard homeowner’s policy. It is a policy designed to complement your existing homeowner’s policy and provide you with additional protection,” Elgin said.

Examples of items and costs that can be covered under the policy are landscaping, travel expenses, emergency evacuation or medical care for the client and his or her family, fuel for generators or vehicles post-hurricane, loss of wages and the deductible on a standard policy, amongst other things. NAGICO said businessowners will be pleased to know that the policy can provide additional protection to their NAGICO policies as well.

Additional information on the new Hurricane Xtra Policy can be obtained by contacting a NAGICO representative, agent or broker, by visiting NAGICO’s office, or online at

Source: The Daily Herald