Category: Flood Insurance

Homeowners in Alabama sometimes face the threat of floods, but flood coverage is commonly excluded from standard homeowners insurance policies. Here’s how homeowners in the state can get flood insurance.

Understanding Flood Insurance Basics

Flood insurance isn’t typically included in standard homeowners insurance policies. It’s a separate policy that covers damage to your home and belongings caused by flooding. This insurance is especially important in flood-prone areas of Alabama.

Steps to Get Flood Insurance:

Getting flood insurance is a simple process, but you generally have to do it before potential flooding is imminent:

1. Assess Your Flood Risk: Check flood maps for your area to understand your risk level. Our agents at Surety Ins Inc. can help you check FEMA flood maps.
2. Find the Right Provider: Flood insurance can be purchased through the National Flood Insurance Program (NFIP) or private insurers. NFIP policies have set coverage limits. For more extensive coverage, consider a supplemental policy from a private insurer. Our agents can help you explore both options.
3. Consider Waiting Periods: NFIP policies typically have a 30-day waiting period from the date of purchase before the policy goes into effect. Private insurers usually also have waiting periods. This is why a policy is needed before a flood.
4. Purchase Policy: Actually purchase your chosen policy. Again, our agents can assist with this.
5. Send to Lender: If your lender requires flood coverage, give your insurance agent the lender’s address. They’ll send over documentation showing that coverage has been purchased. 

Surety Ins Inc. Is Here To Help

If you need assistance with flood insurance, contact us at Surety Ins Inc. Our team is dedicated to helping you understand your flood risk, and we’ll make sure you find the right insurance solution to protect your home.

Flood insurance is an important part of any homeowner’s insurance policy. If you live in a flood zone or have experienced flooding in the past, it’s crucial to make sure you have adequate coverage for this type of disaster. Flood insurance protects your home and its contents from damage caused by flooding, so if something happens, you can rest easy knowing that your investment will be protected. Surety Ins Inc. can help Alabama residents with this vital coverage. 

There are a few things to keep in mind when buying flood insurance policies:

The first is that they are sold through private insurers rather than through the government, so you should make sure to shop around and compare rates before choosing one company over another. You also need to understand how much coverage you need – this will depend on the value of your home and what you want to be covered. Make sure that the policy you choose covers things like water damage to your foundation, which can cause very expensive repairs if not taken care of properly.

Finally, make sure that your policy is up-to-date – flood insurance needs to be renewed on a regular basis for it to continue providing coverage. Keep a close eye on the expiration date so that there aren’t any surprises when disaster strikes.

Contact Us Today

Flood insurance isn’t something most people think about often, but it’s an important part of protecting your home and its contents against natural disasters. By making sure you have adequate coverage, you can feel more confident that if something happens, you will be protected.

If you have any additional questions about flood insurance and whether or not your home is protected, call Surety Ins Inc. today! We proudly serve the state of Alabama.