Why Everyone Needs Flood Insurance

When it comes to floods, many people don’t think much about them until they happen. That’s often when people find out that their home insurance doesn’t cover them against floods. This can be a terrible realization when people are left with all of the bills for the repairs needed. To avoid that situation, it’s important for all homeowners to have flood insurance. To get your coverage, call us at BES & Associates Insurance in Walford, MD. 

Flooding and Flood Zones

Flooding is most prevalent in areas that have been designated as flood zones. These often come with a rating for how many years average in between floods. Those who own homes within those zones are generally required to have flood insurance. If you live in a flood zone, you should never be without it. However, if you don’t live in a flood zone, you still need to have this insurance. Among all of the claims that come in for flood damage, about 20% of them are from non-flood areas that aren’t in a zone. There are many weather events that can cause this, and it can be extremely destructive to homes. 

The National Flood Insurance Program

This is a national program backed by the government that offers flood insurance. It’s guaranteed to cover your flood damage because of that backing and support. The program makes flood insurance available across the country, and it sets a flat price for the insurance. No matter where you get the coverage, the price will be that same set amount. If you don’t have this coverage, you run the risk of flood damage that will be hard to pay for. 

Get Your Flood Policy

Don’t be without this important insurance coverage. Call us at BES & Associates Insurance in Walford, MD to find out more. 

How Flood Insurance Works

If you own a home, it’s always important to have flood insurance. Flood insurance protects you against the extreme amount of damage that a flood can do to a home. A flood can be devastating to any property it touches. It can ruin the building as well as all of the items that are inside it. If you don’t have flood insurance, it’s time to get it. When you want to know more about flood insurance or want to get started, call us at BES & Associates Insurance in Walford, MD. 

The National Flood Insurance Program

When you want flood insurance, those policies are backed and supported by the National Flood Insurance Program. This is a federal program that guarantees insurance and pays out in the event of a flood. Because it’s backed by this program, flood insurance will have the same price no matter where you get it. That makes it easy to get this insurance because you don’t have to shop around for it. 

Floods and Home Insurance

It’s common for people not to get flood insurance because they assume that their home insurance covers flooding. However, it doesn’t. If you only have a home policy and not a flood policy and a flood were to occur, none of the damage would be covered. With flood insurance, both the damage to the home and the loss of belongings would be covered by the policy. It’s never a good idea to go without this type of policy with the prevalence of flooding. Even if your area isn’t designated as a flood zone, a flood can still occur. 

Get Flood Insurance

When you don’t have flood coverage, it’s time to call us and find out more about these policies. Call us now at BES & Associates Insurance in Walford, MD.