Stay Afloat with a Flood Insurance Policy

Stay Afloat with a Flood Insurance PolicyHomeowners insurance is meant to provide protection for any peril. However, if a flood damages your home, your homeowners insurance won’t provide any coverage. Investing in a flood insurance policy is the only way to make sure you aren’t financially devastated due to a flood.

When thinking about investing in a flood insurance policy, it’s important to keep in mind that that there is a 30-day waiting period, which means it’s never too soon to invest. If your flood insurance policy is still in the waiting period when a flood damages your home, you’ll be paying out of pocket to cover the repair costs.

All flood insurance policies will provide coverage for the structure of your home, and most will provide coverage for your belongings that are kept in the home. Make sure to talk with your insurance agent to find out what is and is not covered. Flood insurance policies will not provide any coverage for damaged equipment or machinery that is stored outside, or the actual land your home is on.

There are many different variables that determine the price of your flood insurance premiums, including the size of your home. The larger your home, the more there is to protect, so the more expensive your policy will be. The price of your premium is also dependent on the location of your home. If your home is located in a high-risk area, your premium will be much more expensive than if you live in a low to moderate risk area.

Contact the insurance professionals at Lou Aggetta Insurance Agency in Pleasant Hill, California for all of your flood insurance needs to ensure you are covered in any situation.