Flood Insurance
Get Protection Before the Next Storm
Flood Insurance
It's always disheartening to witness the aftermath of floods, especially when homeowners realize their standard home insurance doesn't cover such damage. We want to spare you from this ordeal. That's why we're offering an affordable flood insurance plan to shield you when floods hit the southern region. Typical home insurance doesn't cover flooding, making flood insurance the hero when your home and belongings are at risk.
What's Included in Flood Insurance?
With flood insurance, rest assured that both your building and its contents are protected in the event of damage. When you obtain flood insurance through the National Flood Insurance Program (NFIP), your building can be covered for up to $250,000. This coverage extends to the foundation, fixed appliances, electrical and plumbing systems, and more.
Additionally, flood insurance encompasses belongings inside your home, such as clothing, furniture, electronics, fixtures, and other personal items. Some private insurance policies may also cover "loss of use" if your home becomes uninhabitable.
Determining Your Flood Insurance Needs
A good rule of thumb is to secure coverage that would suffice to rebuild your home from the ground up. To achieve this, base your coverage on your home's "replacement value." This ensures you won't face unexpected expenses when repairing or reconstructing your home post-flood damage.
Important Considerations
For NFIP flood insurance, there's typically a 30-day waiting period to bear in mind when planning your coverage purchase. This foresight helps avoid inconveniences. However, with private flood insurance, the waiting period is usually shorter, around 14 days.