Floods can happen anywhere it rains. What if an inch of water filled your home or business? Even worse, what if you lost everything you own in a flood? Flood insurance can help cover the devastating financial losses from such disasters.
Why Do I Need Flood Insurance?
Floods can occur anywhere and anytime, even in places where you would think it could never happen. Damage from a flood can be extensive and costly to repair.
Flood insurance can offer you lots of protection. It covers damage from heavy or prolonged rain, coastal storm surge, melting snow, blocked storm drainage systems or other similar causes. It gives you coverage that’s not available through home or business insurance.
Many people think that flood damage is covered by their home or business insurance policiesâ€”it’s not, and that could be a costly assumption. Thinking about all that you could lose in a flood, insurance coverage is a smart and safe choice.
Flood insurance is available for homes, apartments, manufactured homes, condos and businesses.
What Does Flood Insurance Cover?
Flood insurance* helps cover damage to your building or personal property. It can help cover things like:
A home and its foundation
A building and its foundation
Air conditioning equipment, furnaces and heaters
Appliances, such as clothes washers and dryers, refrigerators and stoves.
Personal possessions, such as clothing, furniture and electronic equipment.
To help ease your worries about flood cleanup, which can be a tough process with lots of mud, flood insurance also offers coverage for debris removal.
If you rent, you can get coverage just for your personal belongings.
How To Get A Flood Insurance Quote
Flood insurance rates vary, depending on how much coverage you buy, what you need to cover and your property’s flood risk. For example, the average annual coverage cost through the National Flood Insurance Program is lowâ€”between $600 and $700 (less than $60 a month). It can be more in higher risk areas. Â Get in touch with Straub Insurance to determine your exact costs.
If you’re thinking about adding the coverage, don’t put it off. Whether you work with the Federal Emergency Management Agency’s National Flood Insurance Program or us, there’s a 30-day waiting period before your policy will go into effect.
*Coverages may not be applicable to all carriers