Should I Get Flood Insurance Even If I Have Home Insurance?

When you already have home insurance through our office at Smith Insurance Agency of West Virginia in Kingwood, WV, it might seem redundant to get a flood insurance policy on top of that. You might think your home insurance policy provides all the damage coverage you could need. Through our years of experience as an insurance company, we’ve seen how underestimating the amount of coverage you need for your home can have devastating results. 

What does flood insurance cover?

Flood insurance covers damage from higher-than-normal amounts of water on typically dry land. Flooding can happen due to excessive rainfall after a dry spell, long stretches of rainy days in a row, or water from a body of water spilling over riverbanks and dams. When these disasters occur, flood insurance covers repair costs. In some cases, flood insurance can also cover replacing flood-damaged items. The specifics vary from policy to policy, so it’s always important to discuss what your policy covers with your insurance agent or company before making assumptions.

Why is flood insurance important to have in addition to home insurance?

Since many home insurance policies do not cover flooding-related expenses, flood insurance is essential to acquire even if you have home insurance. Flooding might not be a qualifying event for your home insurance policy. When you live in a “flood zone” or an area impacted heavily by flooding, your mortgage lender or other parties might require flood insurance. In these cases, home insurance isn’t enough to protect your property or valuables from flooding.

To avoid scrambling in an emergency, call our office at Smith Insurance Agency of West Virginia in Kingwood, WV for a flood insurance quote.