Flood insurance tends to be one of the most misunderstood types of insurance. People assume that insurance protection against water damage is covered by a home or renters insurance policy. They also believe they do not need flood insurance if they don’t live near a rushing river or other waterway. At Sandeen Insurance, we enjoy the opportunity to help our clients understand just how valuable flood insurance can be.
Overflowing rivers or flash floods are not the only forms of flooding. Bad drainage from landscaping may be the culprit, while leaky down spouts can lead to water damage. Your home insurance policy specifically excludes many types of water damage that originate outside your house. Flood insurance is the solution in these cases, and repairs and replacement will be covered by your policy.
What Flood Insurance Covers
Water can cause a lot of damage in a short amount of time to areas of your home that may not be visible. In addition to the building and foundation, flood insurance generally covers:
- Plumbing and electrical
- Furnaces and appliances
- Carpeting and window treatments
- Possessions (furniture, electronic equipment, clothing)
- Food in refrigerators and freezers
- Debris clean-up
Your mortgage bank may require flood insurance if you live on or near a flood zone. Sandeen Insurance can help you sort out the details governed by the National Flood Insurance Program (NFIP). There is usually a 30-day waiting period once the policy is purchased before it goes into effect, so don’t wait until rain clouds form overhead to contact us.
Flood Insurance Tip
A general rule of thumb for water damage: if the water comes from inside the house, it may be covered by your home or renters insurance. If water originates outside your home, it likely is not. That is where flood insurance would help.
Contact Sandeen Insurance for Flood Insurance Quotes
Contact us for a no-obligation flood insurance quote. We take great pride in helping our loyal customers understand the value of protecting what they have worked so hard to acquire. You can count on us.