The simple truth is that a flood can be devastating to a family. Not only can it ruin the contents of your home, a bad flood can lead to foundation problems. The cost can be astronomical. For that reason, you should consider getting flood insurance if you live in a flood zone or even just a place where damaging storms roll through the area. Your homeowners’ insurance will not cover damage due to flooding. You will need to purchase additional insurance in order to be protected.
If you get flood insurance, you may be wondering what it covers. Here are some things that flood insurance covers.
It covers any damage that occurs due to partial or complete flooding over normally dry land.
It will also cover damage due to mudslides due to flooding.
There are two policies when it comes to flood insurance. One covers your home, while the other type covers your personal property that is inside your home.
Your flood insurance should cover any mold that may occur. If you do everything that you can to prevent mold after flooding, and it still happens, your flood insurance will cover the damage.
One good thing about flood insurance is that you don’t have to wait for a disaster to be federally declared in order to get your claims paid. If you are dealing with flood damage, you can submit your claim. It is also important to know that you won’t have to pay back your claims. Unlike federal aid, you won’t have to repay the money that you get from your claim.
If you are unsure about whether you need flood insurance, you should contact us at Neff & Associates Insurance Services Inc in Pismo Beach, CA.