What You Should Know About Flood Insurance

8/17/2020 (Permalink)

Flooding can happen to almost anyone, which is why it's important to consider getting flood insurance!

Unless you live near a lake or river, you probably haven’t considered getting flood insurance. In fact, you may not have known it was a thing. In the past year, however, many residents learned how important flood insurance could be when we had two major flooding events. When we responded to many of these calls, homeowners were often disheartened to learn their damages weren’t covered by insurance.

Before You Buy Flood Insurance

If you’re considering getting flood insurance (or are putting it off until later), there are a couple of things you should know.

1. There is a 30-day waiting period before it applies. Some people like to wait until the last moment before they buy things they need, but flood insurance shouldn’t be one of them. There is a 30-day waiting period before your coverage actually applies, so if you wait until a storm is on the way, you won’t be covered. (There are a couple of exceptions to this rule, however.)

2. You don’t need to live in a flood zone to purchase it. Contrary to popular belief, anybody can buy flood insurance. In fact, some of our customers were not people living in flood zones; heavy rains just exceeded what their property could handle. So even if you don’t live in a designated flood zone, consider the investment!

Flood Damage Experts

Flooding can happen to most homes—even if they aren’t located near a body of water. These incidents can be difficult to navigate, but our expert team is here to help! Call SERVPRO of Iredell County any time at (704) 872-7466 to make any flooding “Like it never even happened.”