Your Homeowners Insurance Does Not Cover Flooding

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Your Homeowners Insurance Does Not Cover Flooding

Most homeowners insurance does not cover flooding. But with flood insurance you’re covered. Why You Need Flood Insurance Flooding is the most common and costly With federal flood insurance, natural disaster in the United States, affecting every region and state. Floods cause physical your home is covered. You’ll be and emotional anguish, as well as financial devastation. In fact, just one inch of water in reimbursed up to: an average sized home can cause more than $25,000 in damage. • $250,000 for your residential property Federal disaster assistance is not always the • $100,000 for your personal belongings answer. Most types of federal disaster assistance • $500,000 for your non-residential property require a presidential disaster declaration and • $500,000 for your non-residential property contents come in the form of low-interest disaster loans that must be repaid—with interest! Only flood insurance reimburses you for flood damage, providing the necessary funds for recovery—and you don’t have to pay it back. Did you know? • 1 in 4 flood insurance claims come from Learn More outside high-risk areas. Call your insurance agent today to ask about the • Most homeowners and renters insurance National Flood Insurance Program (NFIP). There is policies do not cover flood damage. no better way to protect the life you’ve built. • Flood insurance coverage for homeowners To learn more, call the NFIP Help Center living in moderate- to low-risk flood areas can at 1-800-427-4661, or visit FloodSmart.gov. be as low as $325 a year! F-061 April 2018.

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