Don’t get caught in a storm. Flood insurance goes beyond your standard homeowners insurance policy.
Invest in flood insurance coverage before there is a risk of flooding. Most flood coverage requires a 30-day waiting period before it is effective. Exceptions include the purchase of a new home. Floods can occur anywhere, even outside high-risk flood zones. Most homeowners policies will not cover damages caused by flooding.
Flood insurance protects from severe water damage caused by heavy rain, melting snow, and storms. You may be required to purchase flood insurance from your lender, or you may want extra protection for your property. Douglas Bennett Insurance can help determine if a flood insurance policy is right for you.
A standard homeowner policy protects you against:
- Smoke Damage
- Falling Objects
- Weight of Ice and Snow
- Theft of personal property
Damages that are EXCLUDED from your standard homeowner policy:
- Water Backup/Sump Overflow
Coverage may be purchased for the above exclusions.
Your homeowners policy provides broad coverage in the event of a loss, but it has limitations on certain items. You can schedule a valuable item into your homeowners policy for a minimal premium. By doing this, you are ensuring the item is covered for all perils.
These are common items that can be added as scheduled property:
- Musical Instruments
- Golf Equipment
- Fine Arts