Floods can be devastating. This is especially true because typical home insurance policies don’t cover flood damage. You’d need flood insurance for that. If you live in an area where floods are a risk, the professionals at Soto Insurance Agency servicing Covington, LA, can help. We help homeowners get flood insurance to meet their needs.
What Is Flood Insurance?
Flood insurance covers damage from floods. You can get insurance from the National Flood Insurance Program (NFIP) or from a private insurer. If your home or belongings are damaged by a flood, this type of insurance helps by covering the cost of some repairs and replacement of your belongings. If your home experiences catastrophic damage, having flood insurance can mean the difference between struggling to rebuild and making a full recovery.
Who Needs Flood Insurance?
Even if you’re not in a designated flood zone, heavy rainfall can cause areas to flood due to saturated ground and overwhelmed storm sewers. However, some homeowners are required to have flood insurance.
Is Flood Insurance a Requirement for Owning a Home?
Flood insurance may be required by your mortgage lender if you live in a high-risk flood area. If this is the case, you’ll be told about this requirement before you even purchase a house. Regardless of whether it’s a requirement, getting flood insurance can make all the difference if you live in an area where floods often happen.
Contact Us for Flood Insurance
The best way to get flood insurance is to work with an insurance professional you can trust. This is why many people turn to Soto Insurance Agency, servicing Covington, LA, for flood coverage. If you’re currently renting your home, you still need flood insurance for damage to your belongings caused by a flood. Your landlord’s policy and renters insurance won’t cover you.
Call to learn more about the cost and coverage provided by flood insurance. Our insurance professionals are happy to answer any questions you may have.
