Why You Shouldn’t Wait to Get Flood Insurance
Posted September 07, 2017 in Flood Insurance
Now, in the aftermath of a natural disaster that has flooded and destroyed countless homes and buildings, Houstonians must pick up the pieces. This costly storm caused damages that will take a lot of time and money to repair, and many will have to abandon their homes as people did after Hurricane Katrina. The question presents itself: if something else like this were to happen again, how would we protect ourselves and our homes? Not everyone lives in a hurricane zone, but virtually everyone can become a victim to storms, rain, and flooding. Flood insurance can provide you with the assistance you need to replace your damaged property in the event of a flood.
Flood insurance gives you the peace of mind to know that you will be taken care of if your home is ever flooded. Our insurance specialists at Gallant Risk & Insurance Services, Inc. can set you up with the right flood insurance. Call (951) 368-0700 or complete our online contact form to reach us today.
Why You Need Flood Insurance
Not everyone knows that homeowners insurance and renters insurance do NOT cover floods. Usually, flood insurance must be purchased separately, even if you have other types of insurance. With fall and winter coming up, more rain is expected. With rain comes the risk of flooding. Homeowners in low-lying areas, near rivers, and in particularly wet locations likely understand this risk and may already have flood insurance. But even if your home is on higher ground, or if there aren’t any rivers nearby, you could still be at risk of flooding. Overflowed levees, old drainage systems, intense rainfall, tropical storms and hurricanes are just some of the reasons that flooding can occur. Even your neighbor’s above-ground pool could break down and flood your home. As evidenced by Harvey’s unprecedented amount of rainfall that flooded even low-risk areas, flood insurance is crucial.
How Flood Insurance Can Help
If you want to make sure your home is protected, now is the time to get flood insurance. Different policies may offer varying levels of coverage. For example, if you have flood insurance for your home, but you have an unattached garage, you may have to purchase additional coverage for the garage. Flood insurance may cover your building, electrical and plumbing systems, AC and furnaces, certain appliances, carpeting, permanently installed cabinets, clothing, curtains, furniture, electronics, certain valuables, and other contents of the home. Insurance policies always have a limit cap and will not cover certain things (such as personal property in a basement room). However, by searching carefully, you should be able to find a flood insurance policy that will give you the level of protection you require. Once you find the policy that is best for your needs, you will be able to rest assured knowing that you will be taken care of if a flood should occur in your home.