Questions to Ask About Flood Insurance

Questions to Ask About Flood InsuranceFloods have the potential to destroy homes and neighborhoods entirely; do you know the questions to ask your agent about flood insurance to be covered to your full potential? 

In the aftermath of a flood, many people are left scrambling after they are unpleasantly surprised to find that their homeowners insurance policy does not cover damage caused by floods. Before the construction of cities in North America, much of the U.S. was just a giant swamp. With floods occurring so often, it’s simply too much of a risk for home insurance companies to insure. That’s why there exists flood insurance to cover your home from the ruthlessness of nature. If you are considering flood insurance, here are a few common questions about flood insurance to which you should know the answers.

What does flood insurance cover?

Flood insurance protects your house from:

  • Inundation: When water rushes in and covers normally dry land caused by storms or glacial melt.
  • Mudflows: When the flood water mixes with mud and creates a denser flood.

The insurance is meant to cover the costs of cleanup, debris and mold removal, and repairs to your home that were caused by the flood.

What doesn’t flood insurance cover?

Flood insurance doesn’t cover damage that exceeds your limit. It also doesn’t cover certain parts of your house, specifically: any furnished area that’s below ground level, walkways, trees, pools, and decks. It also only covers certain areas of your house basement like a furnace or water heater. Flood insurance for your belongings only goes up to a limit as well, so if you have artwork or expensive jewelry, they may not be covered.

Calling your insurance agent to cover your home against a flood is the only way to ensure your home will be covered. Contact VGW Walker Insurance in Austin; as an independent insurance agency, we will work with you to ensure you have the right amount of protection for your specific needs, all at the right price to fit your budget.