Is Flood Insurance Worth Getting in Pismo Beach, CA?

Pismo Beach, CA is surrounded by water, meaning lot’s of fun at the beach but also the risk of flooding. It is not unknown for storms or rising water levels to occur, which can possibly cause flood damage in certain areas. This is why flood insurance can be useful in this particular beach town. If you are shopping around for a private flood insurance option, Neff & Associates Insurance Services Inc is worth checking out.

Although Homeowner’s insurance can be quite extensive, it is not typical that your insurance company will include flood damage. There are so many people that assume that floods are included, which may be why so few disaster victims bother to purchase insurance.

Flood insurance will basically cover damaged caused by the over-accumulation of water. Water that comes in through a sunroof or window is not considered flood damage according to most policies.

The government provided insurance program may be sufficient for some households, but there are limitations. There is currently a maximum of $250,000 that the NFIP will cover damages done to your home. You may also claim personal possessions up to $100,000. If you think that your property is worth much more than that, you may want to consider the purchase of a private option.

What your plan may cover:

  •     Electrical damage
  •     Plumbing damage
  •     Appliances and electronics
  •     Cabinets and fixtures
  •     Carpet
  •     The cost of debris removal
  •     HVAC equipment

If you are in the Pismo Beach, CA area, it is definitely worth considering the purchase of a flood insurance policy. The tidal waters alone put you at risk of flooding and many mortgage lenders may require the purchase of flood insurance. If you are in the market for some affordable insurance, consider consulting with Neff & Associates Insurance Services Inc.