Here’s Why You Need Flood Insurance

Flash floods and thunderstorms have been getting more common in recent years. With this, you might want to purchase flood insurance to keep your home and belongings protected. Since most home insurance policies don’t provide flood damage coverage, getting separate flood insurance is your next best option. 
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Although not required, it’s smart to purchase a plan. Here’s why you should buy flood insurance.

Affordable Flood Insurance Policies Outside Flood-Zone Areas
According to research, flooding is the most costly natural phenomenon that affects the United States. Additionally, you should also know that most flooding claims don’t come from flood-prone areas. This means that even when you’re outside a flood zone, it’s likely that you’ll experience flooding.

If you have home insurance, you can ask your insurer if you can add flood insurance to your policy. Typically, your insurer will offer to add it at an affordable price. Otherwise, look around and get a separate policy for flood coverage.

Know that Your Property is Never Fully Safe from Flood Damage
Although research helps determine where floods can occur, it’s still quite impossible to figure out where floodwaters will stop. This means that even outside designated flood zones, flooding is very likely to occur.

With this, reviewing flood maps is your best move. However, note that if your area has recent developments, flood maps will not reflect them. Because of this, getting flood insurance is your next best option as it helps you prepare for when flooding occurs.

Flood Damage can be Destructive and Very Expensive
As mentioned, flooding has been common in recent years. Additionally, the damage flooding causes is also expensive. According to FEMA, an inch-high water level can already drive your repair costs to the roof. Also, keep in mind that flood insurance rates are relatively less expensive than repairs caused by flooding damage.

If you don’t have flood insurance, you’ll likely pay repairs and renovations out of pocket. It’s best to acquire now to help you keep your finances and home safe.

Conclusion
Acquiring flood insurance for your home isn’t required. However, keep in mind that flooding can occur almost anywhere, so it’s best to stay protected at all times. Flood insurance policies can help you do that.

At Family Auto Insurance Agency, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (313) 285-9042 or Click Here to request a free quote.