Flood Damage vs. Water Damage: What Every Homeowner Needs To Know
When Hurricane Sandy wracked up tens of billions of dollars in property damages millions of homeowners were shocked to learn their water damage insurance policy would not cover flooding. Fewer than half of the damaged buildings in Nassau and Suffolk Counties of Long Island, the area that was hit the hardest, had insurance coverage. To insurance companies, the distinction between water damage and flooding is a fine line but the average homeowner may fall into the trap of assuming there is no difference. The standard home insurance policy will not cover any flood related damages so it is imperative to know what your plan will cover and what additional coverage, if any, is right for you.
Talk to your insurance agent to determine if you need to purchase a flood insurance policy before it is too late. To learn more about your risk of flood damage go to Official NFIP Site – Flood Risk & Insurance | FEMA – FloodSmart.gov. Understanding the difference between these two types of coverage could save your home.
Want to see if your home will NEED flood insurance? Check it out here. Howard County Flood Data Once in the site….enter the address then Click on: -Elevation Certificate –Dfirm -Howard county Flood Plain High Risk areas will show highlighted in Teal.
Flood Damage vs. Water Damage: What Every Homeowner Needs To Know
Flood Damage vs. Water Damage: What Every Homeowner Needs To Know