How Flood Insurance Differs From Standard Homeowners Policies

When you think of home insurance, it’s easy to assume that anything nature throws at your property will be covered. But when it comes to flooding, that’s not usually the case. Many homeowners in Colorado discover (often too late) that standard homeowners insurance doesn’t cover flood damage. Understanding how flood insurance through Pikes Peak Insurance Agency, serving Falcon, CO, differs from standard homeowners insurance helps ensure you’re protected when water levels rise.

What Standard Homeowners Insurance Covers

A typical homeowners policy protects your home from things like fires, theft, wind, and hail damage. But it specifically excludes flooding caused by rising water or overflowing bodies of water. So if heavy rain or melting snow causes water to enter your home at the ground level, you’d likely be paying for those repairs yourself. Even a few inches of water can lead to thousands of dollars in damage, especially when flooring, drywall, and electrical systems are affected.

How Flood Insurance Fills the Gap

Flood insurance, offered through the National Flood Insurance Program (NFIP) and private insurers, is designed to handle what standard coverage won’t. It typically covers your home’s structure, foundation, electrical and plumbing systems, and built-in features like cabinets and appliances. You can also add coverage for personal belongings, such as furniture, electronics, and clothing.

Why Colorado Homeowners Should Consider Flood Insurance

Even in a state known for mountains more than coastlines, floods can happen. Sudden snowmelts, flash floods, and heavy summer storms can all cause significant water damage in a short time. Flood-prone areas aren’t always obvious, and standard insurance isn’t built to handle those losses.

Flood insurance isn’t just an extra; it’s an essential layer of protection for Colorado homeowners. It bridges a gap most people don’t realize exists until disaster strikes, helping you rebuild and recover faster when the unexpected happens. Are you protected? Contact Pikes Peak Insurance Agency, serving Falcon, CO, to learn more.