Flood insurance is often a hot topic because there is a lot of misinformation about this important type of coverage. Here at Ellis Insurance Agency, serving San Antonio, TX, and the surrounding areas, we want customers to be well-informed so that they can make confident decisions based on facts, not fear. Here are a few things you should know about flood insurance.
Often Not Included in Homeowners’ Insurance
The first thing you need to know about flood insurance is that it’s often not included in homeowners’ policies. There are many reasons behind this, but it’s most important that you don’t assume you have coverage. You need to talk with the home insurance provider and find out everything you need to know about flood coverage.
There Are Different Types of Flooding
You also need to be aware that there are different types of flooding in the world of insurance coverage. There is naturally occurring flooding and indoor flooding. Indoor flooring is caused by problems with your plumbing or appliances. Naturally occurring flooding is caused by a natural disaster. Homeowners’ policies often cover indoor flooding but do not cover naturally occurring flooding.
Coverage Is Based On Many Factors
One of the reasons why flood insurance isn’t included in homeowners’ policies is because so many factors need to be considered. Each flood policy is very unique. To get a quote on flood insurance, you’ll need to sit down with knowledgeable insurance professionals to discuss all of your risk factors.
If you’d like to learn more about flood insurance, please contact us at Ellis Insurance Agency, serving San Antonio, TX, and the surrounding areas.
