The cold and wet fall season is in full swing, which means it is time to pull out those rain boots. It is also time to make sure that you and your home are protected in case of a flood with the right flood insurance policy. Having the right flood insurance policy is the best way to ensure that you are able to rebuild after a flood.
While your homeowners insurance policy will provide coverage in most situations, it will not provide any coverage in case of a flood. Only a specific flood insurance policy will provide coverage and protection. It is important to keep in mind that a flood insurance policy has a 30 day waiting period before it becomes active, and if your home is damaged or destroyed by a flood while the policy is still in the waiting period, you will be left paying for the repairs out of your own pocket.
All flood insurance policies will provide coverage for the structure of your home. Most policies will also provide coverage for the contents inside your home, but it is best to talk with your insurance agent to ensure you have the right amount of coverage. A flood insurance policy will not provide any coverage for equipment or machinery that is stored outside and is damaged or destroyed in the flood.
The cost of a flood insurance policy depends on many different factors, including the location of your home. If you live in a high risk area, you premiums will be more expensive than if you live in a low to moderate risk area.
For all of your Northern California flood insurance needs to ensure that you are protected this fall, contact Agers Insurance Services in Oakley. As an independent insurance agency, we will work with you to ensure that you have the right amount of coverage for your specific situation.