Contrary to popular belief, flood insurance is not something that should just be for homes in flood areas. There are several reasons why you may want to consider flood insurance. If you have not considered it before, continue reading to see why it may be something you want to purchase for your home.
- Flood insurance is not likely included in your homeowners insurance policy. Many people think that flood coverage is included in their existing policy but it is one thing that homeowners insurance does not cover in the majority of cases. If you want it, you usually have to purchase it in addition to your current policy. Take a look at your policy to see if it is included.
- Floods can happen anywhere. In fact, twenty percent of all flood cases happen in low to moderate flood areas. They can even happen without it raining. You could have a flood because of a pipe burst in your home or near your home. You could even have a flood in your home from an above ground pool that gives way near your home. There are many different possibilities.
- New construction areas are more prone to flooding. That is because there is not enough grassy areas that can absorb the rain during a storm. There is more standing water and it can cause damage to your home if it gets inside. If you live in a new construction area with roads and sidewalks, it may be a good idea to consider flood insurance as a way to protect your home.
If you would like to get a flood insurance policy or take a look at your current policy, feel free to contact us at Benefit Insurance Services. We will be happy to explore options with you.