While not every home is at a high risk for flooding, it’s important to understand how risk is identified and whether flood insurance is something you should consider.
For many homeowners, flood insurance is an essential extra layer of protection.
Adding flood insurance to your insurance package means you’re covered if groundwater rises and floods your home—a situation that isn’t usually covered by home policies.
Why flood insurance might be a must-have
We agree with the National Flood Insurance Program—everyone should have flood insurance, especially if you’re in an area that has a high flood risk. You might even be required to have it if you’re at high risk.
Here’s why the National Flood Insurance Program (NFIP) recommends flood insurance to everyone. The situations that cause flooding—heavy rain, melting snow, severe coastal weather—can happen anywhere. In fact, one in five flood insurance claims comes from someone in a low—or medium-risk area.
Most of your house is covered; what isn’t?
Generally, most of your house is covered by flood insurance. Specifically, the core parts of your home—like the foundation and the systems that keep it running—are covered. So are appliances. Carpeting and personal belongings are generally covered, too, unless they’re in the basement.
Multiple Flood Carriers Available
FirstMark has access to multiple flood insurance options so we can find the correct coverage for the right price.