Flood insurance is a commonly misunderstand form of coverage. Homeowners and Auto insurance are enough! Most of us assume we'll never need insurance for a flood. We're not located anywhere near a body of water. Unfortunately, recent weather trends have introduced rain storms that dump many inches of water in a short period of time, and many of our homes weren't built to withstand this amount of rain. The good news is, flood insurance is often quite affordable. Give us a call to get a better understanding of how flood coverage might benefit your you, your family, and your home - 717.432.5595!
The Flood peril is almost always excluded on a standard homeowners insurance policy. Independent flood coverage should be purchased if you'd like an insurance company to pay for damages to your home that result from standing or creeping water.
Assuming you aren't located in a flood plane, and flood coverage isn't required by your mortgage company, a flood policy is often quite affordable in today's market. While it's still another ongoing expense, it could be the risk management tool standing between you and a 25,000 basement remodel!