One of the most costly mistakes a homeowner can make is assuming their home insurance policy covers flooding. Most home insurance policies will cover flooding that happens due to a pipe bursting or an appliance leaking, but they will not cover flooding due to heavy rain. As such, this confuses homeowners, and then they do not wind up with a separate flood insurance policy.
Here at Lee Insurance Agency LLC, serving the greater North Carolina region, we want to help you avoid being in this situation.
How Can You Tell If Your Homeowners Insurance Includes Flood Coverage?
In order to determine if you have flood coverage with your home insurance policy, you will have to read through your home insurance policy. Look under the exclusions list, as this is typically where flooding is listed. If your policy does cover flooding, you may have a separate endorsement for your policy for flooding. An insurance agent can read through your policy and tell you for sure whether your existing policy covers flooding or not.
What Should You Do If Your Policy Does Not Include Flood Coverage?
If your home insurance policy does not cover flooding, you will need to purchase a separate flood insurance product to protect your home from damage caused by flooding.
Contact Us Today
Most home insurance policies do not have flood coverage when the floods are caused by rivers flowing over their banks or for heavy periods of rain. If your policy does not cover this type of flooding, you need to purchase a separate flood insurance policy to ensure your home is fully protected. Here at Lee Insurance Agency LLC, serving the greater North Carolina area, we can help you get the flood coverage you need. Call us today to get started.