If you live in San Antonio, TX, you know that we’re no strangers to floods. But what does flood insurance actually cover? And is it worth the investment?
Here’s a quick breakdown of everything you need to know about flood insurance from Integrity Advisors Agency LLC.
What is covered by flood insurance?
In short, flood insurance covers damage caused by rising water levels. This can include water damage from storms, melting snow, faulty plumbing, or even overland flooding. However, it’s important to note that flood insurance does not cover damage caused by dripping or leaking pipes—that would be considered water damage and would be covered under your home insurance policy.
It’s also important to know that flood insurance covers both the building itself as well as your personal belongings. So if your home is flooded and your furniture is ruined, you can rest assured knowing that your flood insurance will reimburse you for the damages.
Is flood insurance worth the investment?
First, consider whether you live in a high-risk area for flooding. If you do, then purchasing flood insurance is a no-brainer. Second, take a look at your home insurance policy—many policies already include some level of coverage for flooding. However, this coverage is often limited, so it’s always best to err on the side of caution and purchase additional flood insurance if you live in a high-risk area.
Contact Integrity Advisors Agency LLC Today
Flooding is a very real threat here in San Antonio, TX, which is why many homeowners choose to purchase flood insurance. Flood insurance covers damage caused by rising water levels and can help reimburse you for the cost of repairing your home and replacing any damaged personal belongings.
