A Deeper Look into Flood Coverage and Homeowners Insurance
If you live in an area frequently exposed to floods, you might naturally wonder whether your homeowner’s insurance protects against flood damages. At Luebbering Insurance Agency LLC, serving Jefferson City, MO, we’re fully equipped to answer your queries on homeowners insurance coverage. Here’s what you need to know.
Standard Homeowners Insurance and Flood Coverage
Most homeowners insurance policies don’t cover damages caused by floods. While your homeowner’s insurance might cover damages from a storm, such as wind damage or a tree falling on your home, it generally won’t cover damages from overflowing rainwater or rivers.
Do You Need Flood Insurance?
To safeguard against flood-related damages, you might need to consider flood insurance from the National Flood Insurance Program (NFIP). If you need this type of policy, consult your insurance agent to assist you in obtaining the right coverage for your home and help determine the amount of coverage and the rates.
If you live in a special flood hazard area (SFHA), you may be required to get flood insurance to secure a home mortgage. Your lender should inform you about this during the home-selling process.
Reach Out to the Experts
Do you need flood insurance from the NFIP? If so, call Luebbering Insurance Agency LLC, serving Jefferson City, MO. We’re here to guide you on how flood insurance can help reduce your financial liability in the event of a covered flood incident. Call today to enhance your knowledge and choose the best protection plan for your home.
