Standard home insurance policies do not cover flood insurance. If your home or property is damaged in a flood, what will you do? Fortunately, help is available in advance. Don’t wait until disaster strikes to find the right coverage for your home and belongings. Contact Advanced American Financial, LLC today to learn about flood insurance options that will help to get you back to life as usual after a flood or water damage.
Because standard coverage for homes and personal property excludes damage from flooding, the United States government created the National Flood Insurance Program in 1968. NFIP provides flood insurance to communities that choose to participate in the national program, and each participating community adopts certain ordinances to reduce flooding risks in the area. Your insurance agent at Advanced American Financial, LLC can help you learn more about NFIP and its benefits.
Although flood insurance does not protect land from flooding, it does provide coverage for either buildings or building contents. Here are some details about each type of flood coverage:
Building Coverage: This type of flood insurance will pay for repairs to the building and its foundation as well as to electrical and plumbing systems within the building. It also covers major appliances such as stoves, refrigerators and built-in dishwashers. Although it covers permanently installed carpeting, temporary floor coverings such as floor rugs do not fall under this coverage.
Contents Coverage: This flood insurance protects items in a home. It includes coverage of throw rugs and other carpeting not included in building coverage. It also covers clothing and furniture as well as electronics and portable appliances. Washers and dryers are included under contents coverage also as are curtains.
Homeowners and renters in New Haven County should consider protecting their homes and belongings with flood insurance. You can get your free quote here or call our office for more information.