Skip to the content

Tag: Flood

Flood Insurance

Flood Insurance What is Flood Insurance? Flood insurance covers damage caused by rising water. Floods can happen anywhere, anytime–not just in coastal areas or near lakes and rivers. Torrential rain, snowmelt, mudslides, dam failures and inadequate drainage systems can all cause flood losses. There are two types of flood policies: Preferred and Standard. The flood hazard zone you live in determines the type of policy...

Do I Need Flood Insurance?

The short answer is yes! Whether or not you live in a high risk flood zone, you are taking a tremendous risk with your home and financial security by not obtaining flood insurance. With very few exceptions, homeowners’ insurance does not provide coverage for damage caused by a flood. While the image of a river overflowing its banks often comes to mind when defining a...

Flood Insurance

While homeowners’ insurance typically provides protection for things like a fire, lightning strike, hail damage, theft, and many other hazards, one thing usually not covered under a homeowners’ policy is flood. With few notable exceptions, you must purchase a separate flood insurance policy in order to protect your home from rising water, mud slides, and tidal surge. The National Flood Insurance Program provides coverage for...