Did you know that standard property insurance policies, such as your homeowners insurance, does not cover flood damage?
Flood insurance is a separate policy designed to help protect your home and belongings if they are damaged in a flood. A flood insurance policy will also reimburse you for the work that you and other family members did to sandbag your homes, move furniture and remove debris. The Federal Emergency Management Agency’s (FEMA) maps are important when it comes to flood insurance because if they show that your home sits in a 100-year flood plain, you must buy federal flood insurance in order to get a mortgage. If you live outside a high-risk zone, or if you no longer have a mortgage, flood insurance is optional.
We at Lincoln Insurance group can offer competitive flood insurance quotes for you to consider as you purchase a home or look to protect your home. Just give a call!