Flood insurance is essential for homeowners as floods are the most common and expensive natural disasters in the United States. Floods can occur anytime and unexpectedly, which is why being prepared is crucial.
To determine the flood risk in your area, the Federal Emergency Management Agency (FEMA) has created a map that shows which regions of the United States are at risk for flooding and how high the floodwater may rise in those areas. Before purchasing flood insurance, it is crucial to know the flood risk in your area and the expected floodwater level to ensure adequate coverage.
It is important to note that homeowners’ insurance policies do not cover flood damage. Flood insurance policies cover the cost of rebuilding your home and its contents after damage caused by floodwaters. Additionally, flood insurance policies may cover other perils such as windstorms or hail damage.
Protect your home and its contents from flood damage with flood insurance, one of the most important types of insurance for homeowners.