Imagine this: you return from a relaxing vacation to a disaster – your basement is flooded! Before you start panicking, let’s explore how your insurance can help.
What’s Covered by Homeowners Insurance?
Most homeowners insurance covers damage caused by sudden and accidental water mishaps, like burst pipes or overflowing appliances.
What’s Considered a Flood?
Floods are different. FEMA defines a flood as a temporary inundation of land caused by:
- Overflowing rivers or lakes
- Rapid accumulation of surface water
- Mudflow
- Erosion along bodies of water
Why Do I Need Flood Insurance?
Only 12% of U.S. homeowners have flood insurance, often because they mistakenly believe their homeowner’s policy covers everything. Here’s the catch:
- Floods can occur anywhere, even in low-risk zones.
- 20% of flood claims come from these areas.
What Does Water Backup Coverage Do?
Water backup coverage protects you from damage caused by sewage or drain backups. This is typically an add-on to your homeowner’s policy and covers sudden, accidental backups.
How to Protect Yourself
- Get Flood Insurance: Even in low-risk zones, flood insurance is affordable and provides peace of mind.
- Review Your Policy: Talk to your Ruese Insurance Group agent to understand your coverage details and see if you need water backup coverage.
The Ruese Insurance Group Can Help!
Our knowledgeable staff can answer your questions and guide you towards the right coverage to protect your home. Contact us today for a personalized quote!