The basics of flood insurance

Floods cause a devastating amount of damage every year all over the United States. Since homeowners insurance doesn’t cover flooding, flood insurance is a necessity. You may think you only need it if you live in a flood plain but with rising water worldwide that is no longer the case. Have a good talk with your insurance agent about the danger present in your area, there may be some you are not aware of. If you live in or near Georgetown, TX, StraightEdge Insurance Agency is an independent agency that can offer you personalized service and choice of the top carriers and affordability. 

When looking at a flood policy the first thing your agent will determine is if you live in a community that is part of the National Flood Insurance Plan.  This is a federal program but you can get your policy from a local agent. The good news is the government sets the prices of policies, the rate is determined by risk. You can be sure that you are getting the best coverage at the best price so choose your carrier by their service and commitment to their customers. 

Flood insurance comes in two parts. You can buy one or both. One part covers the property. This includes the physical building and the foundation. It also covers things that are permanently part of the home such as built-in bookcases and cabinet, kitchen cupboards, carpeting installed covered unfinished floors, and blinds. It also includes major systems such as plumbing, electrical, water heater,  HVAC, major installed appliances, and well water tank. The second part is possessions. This includes all your personal items clothing, furniture, electronics, portable freezer, and the food it contains, small kitchen appliances, washer, and dryer. 

At StraightEdge Insurance Agency in Georgetown, TX we would love to discuss your flood insurance needs with you and give you a no-obligation quote. Give our office a call or stop by, we are waiting to hear from you.