If you’re considering getting flood insurance for your home, you might have a few questions. (And even if you do already have flood insurance…you still might have some questions!) We’ve got ten things that you should know about flood insurance, which can protect your home from what could be a very costly loss.
Many homeowners are affected by flooding every year, and a lot of people only find out after the fact that flooding is not covered by home insurance. (By flooding we mean a rapid accumulation of water on the ground that invades your home.) Maybe you’re thinking about getting flood insurance, but you’ve got a few questions. How do you get flood insurance? How much does flood insurance cost? When should you get flood insurance? How much flood insurance can you get? We’ll explain the answers!
Flash floods, like the name implies, happen very quickly and with little warning. Usually the summer months have the highest risk of flash flooding because they happen when areas prone to flooding get a lot of rain in a short period of time – like during a summer rainstorm. Summer storms can turn into deluges that make it hard to see your hand in front of your face.
Since summer storms can create conditions that are ideal for flash floods, we’ve got some summer severe weather tips so that you can stay safe when the sky opens up and dumps buckets of rain, cats, and dogs upon you.
Nothing is impervious to water. Somehow we don’t think about how destructive little raindrops can be. If there’s a bad storm we think about trees falling, hail pelting windows and cars, branches being thrown around like twigs – you know, the usual. But somehow we forget about the water.
Flooding can happen for a variety of reasons, not just from heavy rain or even hurricanes (although both can create some pretty serious deluges.) Mudslides can cause flooding. So can snowmelt that runs into rivers. There’s also the possibility that nearby development and construction can change the land so that it can’t drain like it should. At any rate, when your building is doing its best impression of a swimming pool, it doesn’t really matter what caused the flooding in the first place. You just want the water out of there.
While we can’t completely shut Mother Nature and her swamps of water out, being prepared can help reduce the damage your business could face from a surprise flood. We’ll explain the basics of commercial flood insurance, but we’ll also go over some ways that you can bolster your business’s defenses against flooding.
Sample Scenario: The home you bought because of the location and because it wasn’t in a high-risk flood zone, is suddenly deluged with 5+ feet of water. What would you do?
That is exactly what happened to homeowners and renters in Baton Rouge, Louisiana earlier this year. Homeowners were left scratching their heads on how this could happen. Apparently, Mother Nature doesn’t recognize “low and moderate flood risk” zones that realtors & insurance companies use.
For those of our readers in hurricane-prone areas like South Carolina, North Carolina or Texas, read closely.
Did you know that hurricane season officially runs from June 1 through November 30 each year with the busiest time between mid-August and mid-September?
What does that mean for you? It’s time to batten down the hatches! While Georgia has not had a “direct hit” hurricane since the 1800’s, we certainly can get heavy rain, high winds, or tornadoes from the remnants of the Atlantic and Gulf coast storms. That raises an important question:
What can we do to protect our homes and families from hurricanes?
Here are a few helpful tips so that you and your family will be prepared ahead of time.
Does my home insurance policy cover floods?
Tens of thousands that suffered catastrophic consequences from Hurricane Sandy, Andrew, Katrina, and more recently Harvey learned the hard way that the answer is no. Many are surprised to learn that their homeowners and renters policies do not cover flooding.