Why Is It Important To Have Flood Insurance?

Did you know that floods are the most common natural disaster in the United States?

Not only that, but they are the most costly.

Floods cause about a million dollars worth of damage every year.

This is why Flood Insurance is so important!

Why Should You Purchase Flood Insurance?

Homeowners insurance is not always enough, as most homeowners and renters insurance do not cover flood damage.

In case of a flood, you want to be properly protected.

Almost 20% of flood damage takes place outside of the high-risk flood zones.

In Texas, the counties with the most flooding events include Uvalde, Medina, Real, Brazoria, Smith, and Travis County.

There isn’t a county in Texas that has not experienced at least one flooding event.

Some people who already have flood insurance struggle on whether or not they should renew their insurance.

People view not renewing as a way to save money and cut down on costs; however, you never know when disaster will strike, and it is better to be prepared.

With the all the devastation that recently took place in Houston, TX, people are still recovering from their losses.

Flood insurance is the bridge between getting back on your feet financially after such a disaster or leave you financially devastated.

Why risk not having flood insurance?

Would you risk driving every day without car insurance?

Other people on the roads cannot be easily trusted, just as you cannot completely trust the weather or that a below-ground pipe won’t burst to cause flood damage.

What Do You Need To Know About Purchasing Flood Insurance?

If you are a home renter/owner or a business owner, you should purchase flood insurance.

You can do this by talking to an insurance agent (you cannot buy flood insurance directly from the National Flood Insurance Program).

When you sit down to talk to an insurance agent, be sure you ask all the right questions.

You need to know exactly what is covered and what isn’t in your policy.

Don’t allow yourself to be caught off guard, and devastated by financial loss due to unpredicted flood damage.

Purchase or renew your flood insurance as soon as you can!