Why You Need Flood Insurance

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If you don’t live in a flood-prone area, you might think that flood insurance is just an extra expense. However, know that it doesn’t take an intense hurricane for your home to suffer from a flood. Now, you might be asking, “Why do I need flood insurance?” This article will tell you exactly why.

As mentioned, it doesn’t take a hurricane to cause a flood. Also, 90% of natural disasters the US faces include flooding. With this, it’s essential that you protect your home from the destruction flooding can cause.

1. A flood is more likely than a fire.
   If you live in a high-risk area, you should know that a flood is more probable than a fire. According to the National Flood Insurance Program, high-risk areas experience floods more than fire by 27 times. 
   
   
2. A little water can cause a lot of damage.
   Although it might not be obvious, an inch of water can cause an alarming amount of property damage. In addition, water that’s 2 feet deep can already carry a car away. Given that flash floods produce an average of 20-feet of water, flooding can cause severe damage.
   
   
3. There are many causes of flooding.
   Aside from rain and hurricanes, other weather situations can cause serious flooding. These include winter storms and melts. In addition, if you live near a barely functional drainage system, it’s very likely that you experience flooding.
   
   Aside from this, failed dams can also cause serious flooding that can cause property damage. 
   
   
4. Land development can cause problems.
   Although land development programs can lead to improvement, know that these can also cause potential problems resulting in flooding. Construction of land development can cause runoff paths to change, which causes risks for flood damage.
   
   
5. Flood insurance is affordable.
   Just like other insurance plans, premiums for flood insurance are based on many factors. These include coverage types and your community rating system. Moreover, insurers also consider the area you’re living in. Typically, homes situated in low to moderate-risk places can get premiums at $130 annually.

Although not required, flood insurance is a beneficial investment. Given that many things cause floods, your home must be prepared when hit by a flood.

At Brad Spurgeon Insurance Agency Inc., we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (409) 945-4746. Get your free quote today by CLICKING HERE.