The Importance of Purchasing Flood Insurance

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It is common knowledge that homeowners insurance is a necessity. However, most people are not aware how valuable flood insurance can be.

While not every home is located near notorious flood zones, many are still at potential risk of flood damage. Winter storms and snow melt can both cause flash flooding as well as gradual flooding in many areas. In fact, in 2012, 25 percent of claims paid by the National Flood Insurance Program were not located in traditionally high-risk flood areas.

Flooding is the most common natural disaster in the United States. Despite that, it is not covered by a standard homeowners policy. Flood insurance can cover your home in the event of the overflow of streams, rivers, lakes or drainage systems, as well as coastal high tides and storm surges.

It is important to note that there is often a 30-day waiting period after you have purchased your flood insurance before coverage begins.

To learn more about your flood insurance options, contact Agers Insurance Services, of Oakley, Calif., today.