Most homeowners’ insurance policies don’t protect your property and belongings from flooding or groundwater seepage damage. As such, it is prudent for homeowners or renters in areas that are prone to flooding to get some flood insurance coverage. Ideally, such an insurance policy covers damage caused by water that falls from the sky as rain or ice and later gets into a home and thus causing flooding and damage.
But for the policy to get honored, the flooding damage shouldn’t be a result of negligence. For instance, damage caused by rainwater that floods your house may not get you compensation if the flooding results from leaking, and an unrepaired roof. The water damage should be a result of accidental flooding.
When Does a Homeowner Need to Get a Flood Insurance Policy?
If you’re a resident of a designated flood zone, then you should get a flood insurance policy. The Federal Emergency Management Agency (FEMA) marks flood hazard regions on the flood hazard maps. The agency makes recommendations on the acquisition of flood insurance policy. The flood hazard map zones flooding areas into three zones (A, B, & C) depending on the severity of potential flooding.
Zone A areas are close to water bodies and carry a significant flooding risk. Anyone with property in these zones should get flooding insurance. Zone B denotes areas with moderate flooding risk, and there is a need for homeowners with property in these zones to get flooding insurance too. But the cover often comes at a lower premium than zone A, and C.
The Zone C regions have a low flooding risk. But this doesn’t imply that you shouldn’t take flood insurance coverage if you’re in this region. Some zones may have the V mark indicating that they’ve not gotten assessed for flooding. As such, you may need to find a specialist who’ll make an assessment and advice you on whether to get flooding insurance or not. But it’s prudent always to get one.
Get Enough Homeowners Insurance Policy Today
It’s possible to get flooding insurance from the National Flood Insurance Program (NFIP). But if you’re in Brooklyn, NY, you should visit the Access Legacy Insurance Group to get your homeowners’ flooding insurance cover. At Access Legacy Insurance Group, we provide updated homeowners’ flooding insurance policies to all Brooklyn, NY, residents. Check out our website to learn more.
