What You Should Know About Flood Insurance
We have seen how big an impact floods can have. The recent flooding in Texas has underscored this fact as it has devastated families. Fortunately, many of them will be able to turn to their flood insurance to rebuild their homes and replace their belongings. If Illinois were to experience comparable flooding, would you be able to do the same?
Contrary to popular belief, your home insurance policy does not contain coverage for floods. That means that in order to be safeguarded against rising waters, you need to carry a separate flood insurance policy. This policy will be underwritten by the National Flood Insurance Program.
Talk to your insurance agent to assess your risk for flooding. He or she will be knowledgeable about the flood zones in your area and how important it is for you to carry flood insurance.
You should know that flood insurance policies take 30 days before they can become effective. That means that you cannot wait until there is a big storm headed your way to secure coverage. So that your family never has to worry about restoring or rebuilding your home after it experiences costly water damage, flood insurance is crucial. It will also protect your family against the financial burden of replacing your personal possessions—including costly electronics—after they are damaged by flood waters. So that you can rest easy even as the waters rise, get flood insurance for your family.
For the flood insurance coverage you need to be protected against any floods Illinois might face, contact Insurance and Mortgage Services. Serving Batavia and the surrounding area, our team is dedicated to getting you the policy you need to be anchored no matter how the waters rise. For all of your flood insurance needs this summer and beyond, call us today!