Questions To Ask When Getting Flood Insurance

Has your home ever flooded? Have you ever considered getting flood insurance for your property? If so, you likely have a few questions worth answering before making a decision. The team at Surety Ins Inc., serving Alabama, is here to help you understand your responsibilities as a homeowner and how flood insurance can help. If you decide to move forward, we can help you get a policy as well. Here’s what to know about flood insurance.

1. What Does Flood Insurance Cover?

Flood insurance covers damage to your home and belongings caused by rising water. It provides coverage to help repair or replace your belongings after a flood. If your home is damaged, it’s important to begin repairs as soon as possible, since floodwater can quickly lead to mold growth and further damage. Having flood insurance can make recovery easier and less costly overall.

2. Doesn’t Home Insurance Cover Floods?

No, standard home insurance typically doesn’t cover flood damage. To find out exactly what your policy covers, review your documents with your insurance agent. You may find that your home insurance covers water damage from a burst pipe, which is common, but it’s unlikely to extend to flooding.

3. Am I Required to Have Flood Insurance?

If you’re purchasing a home with a mortgage and the property is located in a high-risk flood zone, your lender may require you to carry flood insurance. Even if it isn’t required, flood insurance can still be a smart choice if you’re in a high-risk area. Surety Ins Inc., serving Alabama, can help you get a flood insurance policy. Call today.

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