Flood Insurance
Add Flood Protection to Your Homeowner’s Insurance
Did you know your standard homeowner’s insurance or renter’s insurance will not cover flood damage? It’s a surprise to many! More concerningly, the Federal Emergency Management Agency (FEMA) has revealed that over 20% of flood damage claims are filed by property owners in low to moderate flood risk areas. The reality is that flood damage can happen to almost any property!
Flood Insurance Coverage
Adding flood insurance coverage to your policy gives you the protection you need following common events like:
- Heavy or excessive rainfall
- Storm Surges
- Rapid Snow Melts
- Blocked Storm Drainage Systems
Without flood insurance, damage caused by events like these would be your responsibility!
Flood insurance coverage is split into two categories: building coverage and contents coverage. Here’s a quick reference to better understand the difference.
Structure Coverage:
Foundation
Furnaces, water heaters
Electrical systems
Plumbing
Permanently installed carpets
Contents Coverage:
Furniture
Clothing
Electronic Devices
Portable Devices (e.g. microwaves or air conditioners not built into the home)
Washers and dryers
Kitchen utilities like refrigerators or stoves
Request a Flood Insurance Quote
Adding flood insurance coverage to protect your home is simple. Iott Insurance is here to help you find the best flood protection policy for your home.
The True Cost of Flood Damage
Water damage can happen quickly, and when it does, it typically requires complete replacement. Everything from drywall to furniture and flooring becomes unusuable following flood damage due to the risks of mold, mildew, or health risks contained in the overflowing water.
These costs can easily range in the tens of thousands of dollars from just a few minutes of flooding in your home!
Understand Your Flood Risk
Homes purchased through loans often require flood insurance by the lender to protect the property. Sometimes this depends on flood maps which determine the risk level of a given property. FEMA provides an accessible way to look at flood maps for any area within the United States.
Whether your home is in a high-risk flood area or not, floods can happen to anyone.
Report A Claim
Do you need to report a claim? Our dedicated claims specialists are standing by to help!
Find out about our claims process, who to contact, and how you can receive afterhours claims assistance.