Owning a home requires a comprehensive insurance policy, including home and flood coverage. These two policies are crucial to fully protecting your most valuable asset. It’s essential to understand what each covers, highlighting the necessity for both. If you currently have a flood policy, don’t hesitate to contact us at Harrison Insurance and Financials LTD in Hailey, ID.
Home Insurance and Flood Coverage
Many homeowners forgo flood insurance, erroneously believing their home insurance will cover potential flooding. However, home insurance policies specifically exclude flood damage from their coverage. Without a flood policy to complement your home insurance, you remain unprotected against flooding. Flood damage can result in substantial costs, leading to potential financial hardship for uninsured homeowners.
The Scope of Flood Coverage
The National Flood Insurance Program guarantees government support and credibility for flood insurance. Every homeowner can benefit from this reliable form of coverage. It’s a misconception that only homeowners living in designated flood zones require flood insurance. Approximately 20% of flood claims are made by homeowners residing outside of these zones, reaffirming that floods can manifest virtually anywhere.
Protecting Your Idaho Home with Flood Insurance
If you’ve been neglecting to get flood insurance, you’ve been exposing yourself to significant risk. It’s time to secure a policy that brings peace of mind knowing you’re completely protected. When you’re ready to explore flood insurance options or obtain a policy, feel free to reach out to us at Harrison Insurance and Financials LTD in Hailey, ID.
