4 Crucial Reasons To Have Flood Insurance

Flooding is among the top natural disasters that lead to massive losses in the United States. The catastrophe has created the need for flood insurance throughout the country, including Austin and its surrounding areas. At StraightEdge Insurance Agency in Georgetown, TX, we strive to cover you from losses should this disaster strike again. But why do you need it in Texas?

Previous Flood Occurrence

Previously, flooding was assumed to affect people living near bodies of water. However, residents of Texas have recently experienced it more frequently than usual. Despite being far from large bodies of water, the number one cause of flooding in the state is substantial rains. Research has shown that a few inches of flash flood water is enough to cause significant damages to your house.

Homeowners Policy Assumption

Most people assume that homeowners coverage protects the house from flooding. It is worth mentioning that this is not true. Whether you live in your own home or are renting it, it is vital that you discuss coverage with the right agent to find the appropriate insurance policy to safeguard you from losses resulting from floods.

Protect your Personal Property

Now that you are aware that the homeowner coverage does not include floods, there is a need to get a flood insurance policy. However, most flood policies only cover the building. This implies the foundation, walls, and the entire structure but not personal property in the home. Therefore, it is prudent to discuss with our agents the options you have to protect your possessions.

Time for Coverage

Unlike most other policies, flood insurance requires 30 days to take effect. Our insurance agent will first assess whether you have been participating in the NFIP. This implies that you may need to plan ahead.

Flooding has caused tremendous destruction in the past, and StraightEdge Insurance Agency recognizes the massive losses. We diligently serve Austin and Georgetown, TX residents with the hope of safeguarding their interests. Please contact us for more information and quotes.