Flood insurance is a separate policy from your home insurance. As earthquake insurance is yet another policy. Flood protects your home or business from the financial damage that can happen from water damage.
Call our agents now with your questions 253-284-7900
What does flood insurance cover and why is it needed?
A home has a 26% chance of being damaged by a flood during the course of a 30 year mortgage compared to a 9% chance of fire. It takes only one inch of water to cause significant damage to a dwelling. Coverage is available for both the structure and contents.
Is Flood Insurance expensive? No! It’s less than a cup of drip coffee.
Flood is defined as a general or temporary condition of partial or complete inundation of normally dry land. In order to receive government assistance, the area must be declared a disaster by the President of the United States. Also, the assistance is in the form of a loan and requires repayment.
FloodSmart website does a great job explaining what to do before, during, and after a flood but always call your insurance agent for help 253-284-7900.