If you are a homeowner, you likely have a home insurance policy. Home insurance protects you from various damaging events, including certain disasters. However, it does not cover floods. For this protection, you need both a home and flood insurance policy to avoid damage and extensive repair costs. To secure your home and/or flood insurance policy, reach out to us at Birmingham Insurance Agency LLC in Birmingham, AL.
Home Policies Can Leave You Vulnerable
When you sign up for a home insurance policy, there are certain exclusions, including flood damage. Floods can cause extensive harm, sometimes rivaling the damage caused by a fire. Since flooding is specifically excluded from your home policy, it’s necessary to have a separate flood policy to shield yourself. A home insurance policy provides protection from many other risks but will not be helpful in the event of a flood. Thus, both types of policies are essential for comprehensive protection.
Floods Can Happen Everywhere
There are areas designated as flood zones, and these spots are expected to flood at specific intervals, such as every 20 years. A flood policy is mandatory if your property is located in one of these zones. However, flooding can still happen even if you are not in a flood zone. Around 20% of flood claims come from outside any designated flood zones. Hence, it’s necessary to have a flood policy regardless of your location. Flooding can occur in various climates and terrains, and it can happen to you.
Get Flood Insurance in Alabama
Having both home and flood insurance policies increases your shield against potential damage as a homeowner. For assistance, please feel free to contact us at Birmingham Insurance Agency LLC in Birmingham, AL.
