Ask the Right Questions When Looking for Flood Insurance

Know what to ask your agent when looking for flood insurance.

Whether it’s a burst pipe or a raging winter storm, flooding can be detrimental to your home. While you may think that your homeowners insurance covers flooding, that’s not the case. You need flood insurance for water damage. Get the coverage that you need for water damage. Check out what you need to know about flood insurance and ask your agent these questions.

What Does Flood Insurance Cover?

Flood insurance gives you the coverage that you need to protect your home from rising water levels and mudflows. From mold removal to getting rid of debris, your coverage helps to give you the coverage that you need to repair your home after the damage is done.

Are There Any Coverage Gaps?

Keep in mind that while flood insurance is extremely helpful in a bind, it has its limitations. Once the coverage limits have been exceeded, you’re responsible for the difference. Additionally, it only covers the structure of your home and only a few basement essentials. Your personal belongings are also at risk. While you’ll receive some coverage for your personal possessions, know that it’s extremely limited. Also, flood insurance only covers floods. If there’s any damage done by land movement, you’re not covered.

How Do I Protect My Home from a Storm?

Taking preventative measures is a must when it comes to minimizing damage and protecting your home. When a storm is coming, take the necessary precautions such as purchasing sandbags, and moving personal belongings above ground level. Additionally, it’s a good idea to take a home inventory so that if you do need to file a claim with your insurer, you’ll be ready to go.

Protect your home from water damage and invest in the right flood insurance. Contact the insurance professionals at Moser Group Inc. Located in New York, our experienced, knowledgeable staff will help you meet all your personal and commercial insurance needs.