You may have heard a popular saying that you should never underestimate what Mother Nature can muster. In recent years, news headlines have detailed incidents across the country, and even globally. That includes hurricanes, tornadoes, high winds and pounding rain, and more. Another negative effect of severe weather is flooding.
There still remains a great deal of confusion over how and if residents are covered in the aftermath of a flood. Generally speaking, your homeowners insurance policy does not include flood insurance. In addition, officials with the Federal Emergency Management Agency (FEMA) say most flooding scenarios occur outside of flood zones.
In order to be sure that you, your loved ones, and your property are protected at all times, it’s important to speak with a trusted and reputable insurance agent who can help you determine the very best coverage solutions for your unique needs. That process begins by considering a few key factors. Get started with these suggestions:
Know the Risk
As mentioned, most flooding occurs outside of designated flood zones, according to FEMA. In fact, researchers say only one inch of water in your home could result in more than $25,000 worth of damage. That’s saying nothing about the potential health hazards. Why take that risk?
In addition, while severe weather increases the risk, the fact is that flooding can and does occur from various situations. That includes thawing ice, heavy rains, in the days directly following a wildfire, and more.
When you invest in comprehensive flood insurance, you’re covered regardless of whether a national emergency has been declared. Speak with a skilled and qualified insurance agent to learn more about the risk, and how you can safeguard your family and property.
Do Your Research
These days, flooding is the most common natural disaster, according to 2019 research from the Center for Research and Environmental Decisions. Without proper flood insurance, you could be stuck paying out of pocket for flood-related expenses. For many families, that could be a financially-crippling situation.
Some people try to avoid flood insurance with the idea that this coverage is expensive. In fact, there are many cost-effective solutions that can be tailored to your desires and requirements. Your insurance agent can explain all of the options available to you, including building property coverage, personal property coverage, and how to tailor coverage to your preferences and conditions.
Ask Pointed Questions
In fact, when you speak with a friendly and knowledge insurance agent well-versed with flood insurance coverage, they’ll be glad to answer all of your questions, and address any concerns you may have.
Here’s where you’ll get valuable details concerning premiums, personalized coverage options, waiting periods (if applicable), how to file a claim, and similar. You can also learn about other insurance ideas designed to protect your loved ones and property.
Former President John F. Kennedy once famously remarked that “the time to fix the roof is when the sun is shining.” The same can be said for flood insurance. You don’t want to wait until a severe weather incident is on the horizon to secure this valuable safeguard. In fact, in some cases, by then it could simply be too late.
Instead, safeguarding your property against flooding is a simple and straight-forward process. The first step is to partner with a firm expert with a variety of insurance solutions. Since 2002, we’ve proudly served countless home and business owners with an assortment of insurance options. In addition to flood insurance, that also includes homeowners insurance, business and commercial, construction insurance, automobile insurance, risk management, and more. Contact us today to get started on a flood insurance policy tailored to your specific wants and needs.