Flooding is a common natural disaster. Many people lose their homes and personal belongings to flooding every year. Our team at Access Legacy Insurance Group is dedicated to helping Brooklyn, NY residents understand the benefits of flood insurance as well as what’s covered.
What is Flood Insurance?
Flood insurance is simply property insurance designed to cover property and structural loss that results from flooding. Flood insurance is a separate standalone insurance unrelated to homeowners insurance or other forms of insurance. It’s designed to provide coverage specifically for damage that occurs as a result of water damage.
Flood insurance covers structural damage (house), as well as personal items and belongings. This insurance can cover the repair or rebuild of your home. It also covers appliances and other items in your home as well as your foundation, plumbing, and electrical systems. The coverage is comprehensive. Most flood insurance coverage is provided through FEMA under the National Flood Insurance Program (NFIP). However, you can also obtain flood insurance through private insurance companies.
If my car is damaged in a flood, will flood insurance pay for the damage?
No. Although flood insurance covers your personal belongings, it will not cover damage your car incurs from flooding or water damage. Typically, your car isn’t covered by flood insurance. Even if you purchase a rider for flood damage with your home insurance, your car isn’t usually covered.
However, your flood-damaged personal items found inside your car are covered. Comprehensive auto insurance is typically the only form of insurance that will cover the repair of your flood-damaged car.
Looking for Flood Insurance in Brooklyn, NY?
If you have more questions regarding what’s covered by flood insurance, call us at Access Legacy Insurance Group. We’d be happy to answer your questions and help you explore your options.
