Floods have the potential to create significant damage that ultimately causes serious emotional distress as well as financial losses. According to the licensed insurance professionals at Alta Vista Insurance Agency in Carlsbad, CA, obtaining flood insurance is an essential homeowner safeguard; however, standard home insurance policies don’t provide coverage for flood damage, so a separate policy is typically recommended for the necessary coverage.
Floods rank among the most common and costly U.S. natural disasters because even properties not located in defined high-risk flood zones can experience flooding from a number of issues – atypical weather, poor drainage, etc.
What You Need To Know About Flood Insurance
Homeowners can take proactive steps to protect from financial losses created by the devastating impact of floods by purchasing flood insurance. Without flood insurance, homeowners will likely be left to bear the cost of the repairs after a flood event occurs.
What Does it Cover?
Flood insurance typically covers the actual structure of your home plus the home’s contents/belongings. For example, coverage would include, in part, damage/loss to –
- Floors.
- Electrical Systems.
- Walls/Ceilings.
- Furniture/Appliances/Personal Belongings, etc.
Review your flood policy carefully to understand its exclusions and limitations. Factors that may influence coverage options include –
- Property Location/Elevation.
- Coverage amount.
- Flood Risk Zone, etc.
Flood insurance can now be obtained through the National Flood Insurance Program (NFIP) or private insurers – available from Alta Vista Insurance Agency.
- The NFIP offers coverage for properties in participating communities.
- Private flood insurance may provide additional coverage where NFIP coverage is restricted or unavailable.
Contact a Leading Carlsbad, CA Insurance Company
If you’re unsure about your home’s flood risk or want help deciding the best flood insurance approach, contact a team member at Alta Vista Insurance Agency at 888-724-2124 or online.
