What is Flood Protection Insurance?
This type of insurance provides coverage against damage done by the rising or overflowing of bodies of water. Flood insurance is available to homeowners, renters, condo owners/renters, and commercial owners/renters. Costs will vary depending on how much insurance is purchased, what coverages are provided and the location of the risk.
Why do I need Flood Protection Insurance?
Flash floods are the number 1 weather related killer in the U.S. they can roll boulders, tear out trees, and destroy buildings and bridges. Over 25% of flood insurance claims come from low to moderate risk areas. Flood insurance provides coverage for Buildings and contents up to $500,000 and is underwritten by the Federal government.
You should always consider a Flood Insurance policy along with any general liability & property policy for the most complete coverage possible. Flood insurance must be purchased as a separate policy because flood damage is not covered under homeowners policies.