Floods are one of the most prevalent natural calamities and can cause unspeakable property damage. Even though your house is located in a low flood-risk area, you aren’t 100 percent safe. Statistics show that about 25% of all flood insurance claims in Texas are from residents residing in low to moderate risk areas!
Are you concerned that your household may not be protected against floods in League City, TX? Contact our agents at ACU Insurance Services offices, who will assist you in landing an outstanding insurance coverage matching your needs and budget.
Is flood insurance mandatory in Texas?
Texas doesn’t require homeowners to carry flood insurance. However, if your property is located in a high-risk flood zone, you might need to procure coverage as a condition of your outstanding mortgage. Since typical home insurance doesn’t cover flood-related damages, all Texans should safeguard their homes with a separate flood insurance coverage.
Flood insurance coverage options
There are two types of flood insurance coverages. They include:
Building property coverage
This coverage protects the dwelling itself. It covers the physical structure and its:
- Furnace and central air conditioning
- Plumbing and electric systems.
- Built-in appliances like refrigerators and dishwashers
- Permanently installed carpeting, paneling, cabinets, bookcases, and wallboard
- Foundation
- Detached garage
Personal property coverage
It covers personal belongings (contents) in the building, including:
- Portable appliances
- Clothing
- Furniture
- Electronics
- Curtains
- Freezers and foods inside them
Ultimately, whether flood insurance is mandatory or not, you need to purchase coverage since no one is entirely safe from flood damage.
Buy flood insurance today!
Are you familiar with flood insurance coverage in League City, TX? It’s prudent to check your policy wording carefully before purchasing your policy and ensure you comprehend what flood insurance covers. If you need more information, please connect with ACU Insurance Services today for assistance.
