What Does Flood Insurance Cover?
A flood insurance policy holds two main areas for coverage, these areas are building and contents coverage. Flood insurance reimburses you for water damage to your home or business if the damage is specifically caused by flooding, including high tides, overflow of riverbanks, hurricane storm surge or a heavy downpour that accumulates faster than it can drain, and other sources of natural flooding. People often don’t think about the value of a flood insurance policy until it’s too late. Getting a flood insurance quote is the first step toward giving yourself peace of mind.