As flood events increase across the Lone Star State, many homeowners are looking into purchasing flood insurance. By learning the facts about flood coverage, you can get the protection you need and avoid costly mistakes when purchasing your policy. At ACU Insurance Services in League City, TX, we’ll provide you with accurate flood insurance facts and dispel any myths that can keep you from getting the flood protection you need.
Myth: Standard home insurance covers flooding.
Fact: Homeowner’s insurance doesn’t cover flood damage, especially floods caused by rising river or ocean waters, snow melts, hurricanes, etc. For flood damage protection, you need a separate flood insurance policy.
Myth: Only major floods cause extensive damage to a home.
Fact: Even a few inches of flood water can devastate a home’s structure, not to mention ruin its contents. Flooding can destroy your clothes, furniture, home appliances, electronics, and other personal items, leaving you to foot the bill for tens of thousands of dollars worth of damage. Flood insurance provides the financial means to help you recover from a flood disaster.
Myth: Flood insurance is only for people who live in a high risk flood zone.
Fact: Flood insurance is for any homeowner or renter who wants or needs it, whether you live in a flood zone or not. Flooding has become so common across the country that 25% of flood claims are from people living outside a flood zone. With flood coverage, you can be prepared for any eventuality.
Myth: Flood insurance is extremely costly.
Fact: Flood insurance is surprisingly affordable, especially if you live in a moderate to low risk flood area. Taking into consideration the devastating effects that a flood can cause, a flood insurance policy is well worth the cost.
For flood insurance coverage to protect your Texas home, contact ACU Insurance Services in League City, TX today.