Flood Insurance Policies for Texas
What Is Flood Insurance, and How do I get Flood Insurance in Texas?
Flood insurance can help you in recovering your material possessions after an event happens. We have all seen the devastation that can happen after a flood, better to consider the options, cost, & coverage levels ahead so you can make an informed decision as to whether this type of policy is right for you. Flood Insurance is not required in all circumstances. But it would be good to know if such an event happens you can get compensation for you r losses, up to the coverage limits in your policy. A flood is defined as “rising water.” We all know that Houston and surrounding areas are low coastal plains and have a history of flooding. Much work has been done by the cities and counties to control and contain flooding. But it still happens. Sometimes in just a localized area, and sometimes, perhaps due to a tropical storm or hurricane a much larger area. Even if the water comes from a hurricane, it will not be covered by homeowners insurance or Hurricane Insurance if it rises into your home. For water damage to be covered under the homeowners policy, the water must have entered as a result of a covered peril. Flood, or “rising water” is not a covered peril on the homeowners policy.
Although it may not seem like much, a few inches of water can cause major damage and result in hundreds to thousands of dollars in repairs and restoration costs. Although many people think home insurance covers the damages caused by floods, home insurance does not cover the damages caused by floods.. Flood insurance is important if you plan on keeping your home safe and your possessions secure.
What can Flood Insurance cover?
- The insured structure plus its foundation
- Central air conditioning equipment, furnaces, and water heaters
- Fridges, stoves, & built-in equipment
- Tile, stone, carpets or hardwood flooring
- Paneling, wallboard, bookcases, & cabinets
- Window blinds
- Detached garages detached structures (besides garages) require a separate Building Property insurance policy
- Debris removal
- Personal Property
- Window Dressings
- Window air conditioners
- Microwave ovens and dishwashers
- Washers and Dryers
- Proposed valuable items such as artwork, leather plus furs (up to $2,500)
What may not be covered in a Flood Insurance policy :
- Damage attributable to humidity, mildew, or mold that can have been avoided by the home owner
- Currency, precious metals, and valuable papers
- Property and belongings outside of an insured building.
- Living expenses such as temporary housing
- Financial losses caused by business interruption or loss of use of insured property
- Most vehicles like automobiles, motorcycles, RV's etc....
Unlike most other property policies, Flood Insurance is a federal program. The State of Texas Department of Insurance neither makes the rules, nor regulates flood insurance. This is done through the National Flood Insurance Program. Rules and rates are set by FEMA.
Even though the Texas coastal area is low lying, much drainage work has been done over the years. As a result of hard work, careful planning, and working with the Flood control groups, much of the area is in the 500 year flood plain. Houses in this plain may be eligible for preferred rates which are very reasonable. Our qualified staff can run a flood zone determination for you. Don’t avoid buying this valuable protection because you think it may be too expensive. Call us, and find out how much it costs for your home. You may be glad you did.
Don't wait until it's too late. For more information on obtaining a Flood Insurance quote contact, David Kimbrough Insurance Agency at 281-996-7615 or fill out our online form above for your FREE Flood Insurance Quote today.
Texas Insurance Agency offering Flood Insurance policies in
Friendswood,
Houston, Pasadena, and League City Texas.