Flood Insurance

What Does Flood Insurance Cover?

• Building Structure: Covers damage to the physical structure, including walls, foundation, and electrical systems.
• Contents Coverage: Protects personal belongings inside the property, such as furniture, electronics, and appliances.
• Basement Coverage: Limited coverage for items stored in basements, including foundational elements and essential systems.
• Debris Removal: Covers the costs of removing debris and cleaning up after a flood.
• Temporary Housing Expenses: Provides support for temporary housing costs if your home is uninhabitable due to flood damage.

Benefits of Flood Insurance

• Protects against major financial losses due to flood damage, covering repair and replacement costs.
• Ensures peace of mind by covering property in high-risk flood zones.
• Provides essential recovery support, helping you quickly repair and return to your property after a flood.
• Flexible options to match residential and commercial needs based on property risk and location.

Get a Quote: What Information is Needed?

Frequently Asked Questions

• Is Flood Insurance required in high-risk areas? In certain high-risk flood zones, lenders may require Flood Insurance as part of the mortgage agreement.
• Does Homeowners Insurance cover flood damage? No, most standard Homeowners Insurance policies do not cover flood damage. Separate Flood Insurance is necessary for this protection.
• Are my belongings in the basement covered? Coverage for basement contents is often limited. Most policies cover essential systems like heating and electrical but may not cover personal belongings.
• When does Flood Insurance go into effect? Most Flood Insurance policies have a 30-day waiting period, so it’s important to secure coverage before a storm or potential flooding event.