Founded in 1864. An employee-owned company.

Flood Insurance

Know Your Coverage, Know Your Risk

Flood damage can be devastating to homes and business throughout your community. Consider the damage caused by Hurricane Sandy, with billions of dollars in flood damage across the east coast. Sadly, many home and business owners who thought they were protected against flood damage found that their policies did not cover damage from floods. According to FEMA (Federal Emergency Management Agency), flooding is the nation’s most common natural disaster. What’s more, 30 percent of flood claims are filed by people living in moderate- to low-risk areas.

What Does Flood Insurance Cover?
A standard homeowners policy does not cover damages from flooding. A separate flood policy is needed to cover losses to your property caused by flooding, which provides coverage for things such as:

  • Structural damage
  • Furnace, water heater and air conditioner
  • Flood debris clean up
  • Floor surfaces (carpeting and tile)

You can also purchase a flood insurance policy to cover the contents of your home, such as furniture, collectibles, clothing, jewelry and artwork. Flood insurance means you’ll be reimbursed for all of your covered losses. Plus, unlike federal aid, it never has to be repaid.

In general, a policy does not take effect until 30 days after you purchase flood insurance.

So, if the weather forecast announces a flood alert for your area and you want to purchase coverage, it’s already too late. You will not be insured if you buy a policy a few days before a flood. Plan ahead and call us today!

Quick Flood Preparation Tips
Virtually everyone in the United States lives in a potential flood zone – but only about 2 percent of Americans have flood insurance. Following are helpful flood preparation tips to encourage you to add this necessary coverage:

  • Review your current homeowners and/or business insurance policy and become familiar with what is and is not covered. Remember – damage due to flooding is typically not included in your policy.
  • Contact us to purchase flood insurance for your home and business – and its contents.
  • Make a flood plan and establish evacuation routes with your family or employees. Ask someone out of state to be a "family contact" in case you get separated from loved ones.
  • Before a flood or natural disaster occurs, get ahead of the game by itemizing and taking pictures of your possessions.
  • To avoid water damage during a flood, keep valuable items and family heirlooms on the upper floors – or on high shelves in closets – of your home or business.

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