Why You Should Consider Flood Insurance

If you live near the coast, especially during this winter we’ve had, you may know first hand the destructive power the ocean and water can have, and the disastrous effects it can leave behind. Flooding is a real risk and is one of the most commonly occurring natural disasters in the country! Flooding can cause irreparable damage and can be extremely expensive. If you do not have flood insurance, it could cost you thousands.

Who needs Flood Insurance?

Most general homeowner’s insurance policies do not include flood insurance. They may include water damage caused by certain things like a burst pipe or a leak in the roof, but severe water damage caused by flooding may not be covered. Flooding can happen anywhere to anyone; certain homeowners are actually required to have flooding insurance if their home is located in a high-risk flood area. For homes in these high-risk regions, as defined by the Flood Disaster Protection Act of 1973 and the Flood Insurance Reform Act of 1994, flood insurance is mandatory due to the higher likelihood of disaster.

Even if you’re not located in one of these high-risk zones, flooding is still a major possibility. Your home does not just have to be near the ocean or some body of water, it happens everywhere. Almost every region of the United States has experienced some form of flooding. Don’t wait for it to happen to you, one inch of flood water can cause $20,000 worth of damage! Protect your home and your financial stability before it is too late! Better safe than sorry right?

John J. Walsh Insurance has a variety of flood insurance options available for anyone! We offer low premiums and differing levels of coverage. Let John J. Walsh Insurance protect you and your home from the risk of disastrous flooding! Contact Walsh Insurance today to Inquire about our flood insurance programs!

Advertisements