Most Raleigh residents are beginning to become aware of the fact that flood insurance is not an inclusive coverage in homeowner’s policies. For some people, this allows for the awareness to research adding this adjunct coverage to the home. For others, the awareness may be gained, but a false sense of security can lead to disaster.
Did You Know …?
- Everyone lives in a flood zone. Even if you are not near natural bodies of water, this does not mean that flooding is not a concern. In Raleigh, backed or overwhelmed storm drains and impacts from remnants of hurricanes can still lead to residential flooding.
- Unless you have flood insurance, your water damages will not be covered. This applies not only to structural damages, but also to property, and the clean up costs that may be involved.
- Regardless of assessed risk levels, flood insurance is available for all dwellings. Both high risk and low risk level homes can be insured, and this provides assurance that water damage issues can be attended to.
- Structure and content insurance for flood damages is different. While this does mean that homeowners need to be very clear on what their insurance provides, this also lets renters insure their belongings, even if the state of the dwelling is ultimately not their concern.
- There is nearly a month long waiting period for most insurance policies. This means that Raleigh residents will want to be sure to get flood insurance as soon as possible, to ensure that their policy is in place should disaster strike.
Raleigh residents should also be aware that federal assistance is only likely when a state of emergency is declared by the president, so having flood insurance in place avoids stress, frustration, and costly repairs and replacements. For more information about obtaining the flood insurance you need, contact Amistad Insurance Services, and let us show you the benefits of coverage.
