Hurricane Season: Make Sure You’re Covered

Hurricane season is upon us once more, which means greater potential for flooding and/or flood damage to your home.  It doesn’t matter where you live, flooding can occur almost anywhere.  If you live along the coast or near a body of water, particularly, protection against and preparation for this type of disaster is necessary to ensure your finances are protected.  Have you purchased flood insurance?

The Federal Emergency Management Agency (FEMA) reports that flooding is America’s #1 natural disaster.  From snow melts and flash flooding to tropical storms and dams that have reached capacity, the potential for flooding should always be considered, regardless of where your home is located.

With hurricane season here again, it’s prime time to be considering flood insurance. 

Why should you purchase flood coverage?  Well, the important fact to be aware of is that homeowner’s insurance policies do not cover flood damage or ground water damage from heavy rain.  So, even if you’ve purchased a significant amount of homeowner’s insurance and your area experiences heavy flash flooding, damage to your dwelling will not be covered unless you have purchased flood insurance.

Check with your insurance agent now, don’t wait for a storm to be approaching.  Most insurance companies will not amend or add to insurance policies once a named system is alive, and Federal flood insurance takes several weeks to process.