If you are a homeowner, you may know about all of the types of insurance coverage that you need to have for your home. However, you may not have all of the coverage that you think you do. If you have a home insurance policy, there are things that it covers as well as things that it doesn’t. One of the things it doesn’t cover is many types of flooding. To be protected against that, you need to have a flood insurance policy.
To get one of your own, call us at Pikes Peak Insurance Agency in Falcon, CO.
There are some areas that are designated as flood zones, and these areas have a tendency to regularly flood. If you live inside one of these zones, you will likely be required to have coverage for floods. However, it isn’t just those who live in those zones who need this insurance. People outside them also need to have this protection in case of floods. About 20% of all flood claims originate from areas that are outside of flood zones. Without flood insurance, these claims won’t be paid by an insurance policy. Floods can do an enormous amount of damage to a home, and it would all be for you to pay for.
The National Flood Insurance Program
The government funds and backs flood insurance through the National Flood Insurance Program. This program is there to make sure that people can get flood insurance. They also set the price for these policies. You can get the policy from an insurance company, and the price will be the same anywhere you go.
Get Your Flood Policy
When you want to keep your home protected from floods, you have to have a flood policy. Call us at Pikes Peak Insurance Agency in Falcon, CO.