Flood Insurance
Many people are under the impression that if their home is damaged by flooding, it will be covered under their homeowner's insurance policy, but that is not the case. Flood insurance is considered a separate policy from homeowners' insurance, but it can be added to your main policy for your property. The agents at the Steadfast Insurance Agency in Texas want you to know and understand the ends and outs of flood insurance.
Keep in mind that Texas has suffered recent hurricanes that produced massive flooding, so it's a great idea to have coverage for flooding to protect your home and your personal belongings.
Flood Insurance Policy Coverage
You can get a flood insurance policy through your insurance agent and the National Flood Insurance Program (NFIP). You can choose from two different options for a flood insurance policy. There are two options to choose from under a flood insurance policy. The first option will provide coverage for your home up to a certain amount so that you can make any repairs that are needed after a flood has occurred. The second part of the flood insurance allows you to replace your personal belongings if they were lost due to water damage. This includes your clothing and other personal items and your furniture and appliances.
Non-Coverage through Flood Insurance
If you lose stocks, bonds, certain types of jewelry made of precious metals, or even cash in a flood at your home, it will likely not be covered under your flood insurance policy. Instead, you should keep these items in a floodproof location or somewhere besides your home. You can even opt for a safety deposit box for some of these things.
Although your garage and basement areas will be covered under your flood insurance policy, landscaping on your property and sidewalks and trees will not be covered. You can work with your flood insurance agent to determine if items, such as decks, swimming pools, hot tubs, or septic systems will be covered.
Contact Us for a Quote
Contact the experienced and trusted flood insurance agents at the Steadfast Insurance Agency in Texas today to get a quote and start your policy.
Steadfast Insurance Agency, LLC is a full-service property and casualty insurance Agency. While our office is located in Texas, we are licensed across multiple states. Coverage may not be bound, changed, or confirmed via the internet. You must speak directly with a licensed representative.
