Floods cause billions of dollars in damages on an annual basis. Recovering from even just an inch of water can cost $27,000 or more.
If you think you're not at risk, think again: more than 20% of all flood insurance claims come from low or moderate risk level areas. Tragically, only 12% of Americans choose to purchase this important protection!
Damage to your home caused by flood waters is typically not covered by your homeowner’s policy. You'll need a flood insurance policy through NFIP or other sources to have coverage. Speak with your independent agent about your coverage options to make sure you are protected if a flood occurs.
If you do experience a flood, here are some of the ways you can recover following a flood that damages your home:
Homeowners should always get in touch with their independent insurance agent as soon as possible when a flood occurs, as they will need to get an adjuster into the home to begin evaluating the damages. Working closely with your flood adjuster every step of the way will help to speed up the process of getting your claim adjusted and your life back to normal.