If you live in a flood plain, you might be required to secure flood insurance. But did you know that doing so is a good idea even if your property isn’t designated as a flood zone? The fact is that many claims each year happen in neighborhoods that aren’t officially considered flood plains.
Having a flood in your home could be catastrophic. Insurance experts say even two inches of water could have devastating consequences. Not only could you lose your precious possessions, but you might have to move. You may even be putting the health of loved ones and pets in danger. Who wants to go down that road? By contrast, when you secure comprehensive flood insurance, you get the peace of mind that your home and family are protected. Here’s what you need to know about flood insurance.
Understand Your Coverage
As with all types of insurance, it’s integral that you have a firm knowledge of what’s covered and what isn’t. You should feel comfortable with your coverage, and know what to do if and when an issue arises.
With so many options available to you, achieving that goal isn’t always easy. That’s when you need a highly-skilled and qualified insurance agent on your side. This friendly and knowledgeable professional will guide you through the steps to obtaining detailed flood insurance. You can also learn about other insurance solutions to keep your loved ones and property safe.
Generally, flood insurance covers the structure of your home. This includes things like the foundation, electrical and plumbing, HVAC unit, water heater, built-in appliances, and some flooring. Depending on your policy, content inside your home (furniture, personal effects) may also be covered.
Know Your Rights and Responsibilities
No one wants to deal with a flood incident. As mentioned, this could have a lasting impact on your life long after cleanup has concluded. That’s why it’s so important to have a firm grasp on your flood insurance policy. Unfortunately, some agents will rush you through the procedure. You want and deserve better treatment than that. It’s best to team with a firm that has a proven track record of success, and is well-known for delivering a positive customer experience every time.
Get started by knowing the estimated value of items inside and surrounding your home. Your dependable insurance agent can provide essential insight and assistance during this process. Next, you should know what’s limited and excluded from your policy. Strive to understand the flood risk level of your property’s location. You might also wish to learn what causes floods in the first place, and how you and your neighbors might prevent such an incident from occurring in your locale.
If all of this sounds confusing and even overwhelming, it doesn’t have to be. Trusted and reputable insurance agents are available to answer all of your questions and address your specific concerns regarding flood insurance, and other insurance solutions available to you.
Safeguard Your Home
For instance, most standard homeowners insurance doesn’t cover flooding. Many property owners are unaware of this fact. You also have options about the type and extent of coverage you purchase. Your policy can be tailored to your exact requirements and lifestyle preferences. The first step is to team with a dependable insurance firm expert at a variety of insurance solutions.
For more than 18 years, we’ve been the trusted resource for a wealth of insurance coverage. Along with flood insurance, that also includes homeowners, automobile, tree care, construction insurance, and more. Contact us today to learn more about how you can protect your property and family against the threat of flooding.