What Does Flood Insurance Cover?

If you live in the Savannah, GA area, the agents at TruePoint Insurance want you to know and understand the importance of flood insurance. Some people believe that flood insurance is automatically included in their homeowner’s insurance policies, but that is not the case. A flood insurance policy is created separately from your homeowner’s insurance policy and the National Flood Insurance Program (NFIP).

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Flood insurance covers damages to your home that can occur when water enters your home. This can happen anywhere you live, not just in flood-prone areas. With today’s weather, more flooding events are occurring than ever, so it is a great idea to have a flood insurance policy in place.

When it comes to flood insurance, there are two different options you can choose from to include in your particular policy.

You can choose a flood insurance policy that will help cover any damage to the structure of your home and other areas of your home up to a certain dollar amount. This will help you make any necessary repairs to your home after flooding has occurred.

The second option, when it comes to flood insurance, helps you replace all of your personal belongings lost to water damage from a flood. These things can include your personal items, including clothing and toiletries, as well as household items, furniture, and even appliances that you have spent a lot of money on in the past.

Some flood insurance policies will even cover your stay at a hotel or some other location while your home is being repaired after a flood.

What is Not Covered Under Flood Insurance?

Some things are not included in a flood insurance policy. Those things can include the cash that you have at your home, jewelry that is made of certain precious metals, and even stocks and bonds. It is better to keep these types of items in a safety deposit box at another location rather than your home.

While your flood insurance policy will cover your home, garage, and basement areas, other things, such as sidewalks and trees, will not be covered. You can inquire with your trusted flood insurance agent to see if items like hot tubs, septic systems, decks, and swimming pools can be covered under your flood insurance policy.