Does Homeowners Insurance Cover Storm Flooding?

​Scenario:  A severe wind and rain storm caused your home to flood.  Will your homeowner's insurance cover the water damage?

Simple Answer?

No.  You'll need a specific flood insurance policy to cover that kind of water damage.

The National Flood Insurance Program (NFIP) offers flood insurance to homeowners, renters, and business owners in participating communities. To purchase flood insurance through NFIP, your community must participate in the program and meet certain requirements for managing flood risk.

If your community doesn't participate in the NFIP, you may be able to purchase flood insurance from a private insurer.  Typically, coverage through a private resource will cost more than the NFIP option.

When purchasing flood insurance, you'll need to provide information about your property, including its location, elevation, and any previous flood damage. The cost of flood insurance will depend on a variety of factors, including your property's risk level, the amount of coverage you need, and your deductible.

Flood insurance usually has a 30-day waiting period before it goes into effect. So, if you're concerned about potential flood damage, it's important to purchase flood insurance well before a storm hits.
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If you're concerned about potential flooding around your home - whether in a flood plain or not, contact your local independent insurance agent who can help you navigate more easily and quickly through this process.