Home insurance pays for damage to your home, but not everything is covered. Flooding is one of the perils that will almost never be covered under a typical homeowners policy. With flooding, you need to get separate insurance for coverage. Getting insured before flooding happens would be a wise move, because there’s usually a waiting time before a policy takes effect. However, there are certain situations where coverage can take effect immediately.
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Mold causes homeowners to worry about denied insurance claims. But yet mold can be found anywhere and it’s usually harmless.
Mold thrives in moisture. Problems arise for homeowners when they didn’t detect or resolve persistent moisture resulting to mold growth. This persistent moisture can be caused by flooding, high indoor humidity, or leaky roof or pipes. Whether or not you live in a flood-prone area, being prepared for natural disasters is important. Flooding happens when the water level rises. It is often caused by major storms or clogged waterways. Highly susceptible areas include swamplands, plains, valleys, and areas near bodies of water.
Floods can happen almost anywhere. You don’t have to be in a high-risk area to be affected by it. In fact, even just an inch of water into your home can already cause property damage. In the U.S. alone, flood-related damages cost homeowners over one billion dollars per year.
There are many types of home insurance policies that cater to the unique needs of a homeowner. However, not everything is covered in a standard policy. That is why it pays to have an idea of what’s protected in the policy.
Welcome to our new insurance agency blog! This is our very first post. We're not quite sure what we're going to write about here, but the plan is to create helpful content for customers and prospective clients about information that is relevant to you. We hope you'll come to view this as a top resource for keeping your family and your finances safe. Here are a few of the topics we may be writing about:
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