This was last year's policy. I would expect it to be the same.
From June 1 to November 30, 2006, in the event a hurricane warning is issued by the National Hurricane Center for the Orlando area or for the guest's place of residence within 7 days before the scheduled arrival date, the guest may call in advance to reschedule or cancel their Walt Disney Travel Co. Magic Your Way vacation package without any cancellation or change fees imposed by Disney. This temporary policy also applies to most Walt Disney World Resort room-only reservations booked directly with Disney, as well as reservations at Disney's Vero Beach Resort or Disney's Hilton Head Island Resort in the event a hurricane warning is issued for those destinations.
The problem being most are never issued for Orlando.