“If you think that your homeowner’s insurance policy protects you against financial loss for all types of damages, you may want to research your coverage more closely. One of the more significant and common events that it does not typically provide coverage for is flooding. A flood that brings even a few inches of water in your home can cause tens of thousands of dollars in damage or more. Without flood insurance added onto your home insurance coverage, you may have to pay for these expensive repairs out of your own pocket. A closer look at if your home is at a high risk of flooding is in order.
FEMA has created flood maps that indicate the likelihood that your home may be impacted by a flood. In many cases, if your home lies in a known floodplain, your mortgage company may require you to purchase flood insurance in addition to your standard home insurance policy. Even if this is not required, it may make sense to check the FEMA maps and to determine what your risk is. Understand that even homes in a low-risk area may flood periodically. With this in mind, it may make sense to call us today and to request a quote for flood insurance for your property.”