As we roll into April, the flowers are not the only thing starting to bloom. Hurricane season is just around the corner. While it officially begins in June, preparing for it starts now. One of the most important steps you can take to protect your home and finances is securing flood insurance before the storms hit.
Why Flood Insurance Matters
Many homeowners are surprised to learn that flood damage is not covered by standard home insurance policies. Whether it’s a hurricane, tropical storm, or even just heavy rainfall, damage from rising water can be devastating and expensive. Just one inch of water in your home can cause over $25,000 in damages. Without flood insurance, you are left to cover that cost on your own. While there can be grants and programs through FEMA, they are not guaranteed and may have a long application process.
The 30-Day Waiting Period
It is important to note that National Flood Insurance Program (NFIP) flood insurance policies come with a 30-day waiting period before coverage becomes active. This means that if you wait until a storm is approaching, it will be too late to secure protection. Taking action now ensures that your policy will be in place well before hurricane season begins and provides peace of mind as severe weather approaches.
Who Needs Flood Insurance?
Flooding can happen anywhere, not just in high-risk zones. In fact, more than 20% of flood insurance claims come from outside high-risk areas. Whether you are in a floodplain or not, having a policy in place means you are prepared for the unexpected.
What Flood Insurance Covers
Flood insurance can cover both the structure of your home and your personal belongings. This includes essentials like flooring, electrical systems, appliances, and furniture. Policies through the NFIP have set maximum limits and coverage, but private flood insurance options may offer broader coverage and limits. Our team can help you compare plans and determine what’s right for you based on your property, flood zone, and risk level.
How Much Does Flood Insurance Cost?
Flood insurance rates vary depending on factors such as your location, elevation, and the type of coverage you choose. The good news is that for homes in moderate- to low-risk areas, policies can be very affordable.
At TWFG – Denise Davis Insurance, we make it easy to explore your flood insurance options and find coverage that fits your home, location, and budget. We are local, experienced, and here to help you protect what matters most.
Do not wait until it is too late. Contact us today to get your flood policy started and beat the 30-day clock.