Regular home or business insurance does not cover flood damage to your home or business. If you want to cover your property from flood damage, you need to purchase a separate flood insurance policy.
How much damage can a flood cause a home or business?
The Kimble Brown Insurance Agency serving Southlake, TX can help you with this question and more.
Flooding happens in the wake of a heavy storm, tornado, or hurricane. In these cases, the damage is not so much caused by winds but from rising floodwaters that overwhelm storm drain systems, pouring up into the yard or parking lot where it can threaten your home or business.
Flood water in a home or business can destroy carpeting and furniture. It can compromise the building’s electrical system and even cause structural damage. Even a few inches of water can cause tens of thousands of dollars’ worth of damage that you will have to pay out of pocket if you do not carry flood insurance.
Hurricane Harvey, which struck the Texas Gulf Coast a few years ago, demonstrated the need for flood insurance. The winds did not cause a lot of damage. The many feet of rain that followed turned the Greater Houston area into a lake, causing hundreds of billions of dollars in damage and a lifelong memory of trauma for those who endured it. That should be a sobering wakeup call.
You should also consider the emotional toll that flood damage can cause. Dealing with a flood’s aftermath can be overwhelming. Flood insurance can provide peace of mind.
For questions regarding flood insurance feel free to contact the Kimble Brown Insurance Agency serving Southlake, TX.