Definition - What does Hurricane Insurance mean?
Hurricane insurance is a policy that covers for damage and loss to property brought about by a natural disaster that is hurricane. Coverage for damage from hurricane winds might be included in a homeowner's policy. Water damage caused by same might not be covered.
Insuranceopedia explains Hurricane Insurance
Damage and loss caused by hurricane might be a part of the regular homeowner's policy in the US, specifically the damage or loss brought about by the wind from the hurricane. Damage caused by flooding from hurricane might be an exclusion and requires another policy.
The hurricane coverage also has a deductible, a percentage of the property's value. If the deductible is high, the premium is low.
The other thing to consider is whether the personal belongings within the property are part of the coverage. Most likely, they are covered but up to a certain percentage only.