There's good and bad news when it comes to damage caused by hurricanes and tropical storms. 
Damage caused by storms that never become hurricanes, like T.S.-Fay, are treated differently. For example, since Fay never became a hurricane, higher deductibles don't apply. Flood damage is also not covered under most policies. The bad news here is that less than half of Florida homestead owners have a flood insurance policy. For more information, read the full story from the Florida Association of Realtors.
