What do you think is more likely to happen to your home or business: a fire or a flood? Most people are quick to bet their property will never be traumatically affected by a flood, but flooding is one of the most common natural disasters responsible for reeking havoc and causing damage. Weather can only be predicted to an extent, and when nature throws a curve ball, the best you can do is have a solid game plan. Whether you think your area is prone to flooding or not, it’s important to be prepared. Arm yourself with a disaster recovery kit, know your area’s evacuation plan, place water barricades where they can be effective, and have a communication plan with your loved ones or employees. One of the most important preparation to-do’s, however, is to get reliable flood insurance. Flood insurance is something you never truly understand the value of until you need it, and once you need it, it’s a little too late. When flooding is expected, talking to your insurance representative about your plan and making sure everything is in place brings peace of mind in knowing you and your property are protected should damage occur.
Protecting Your Home or Business from Flood Damage
You can’t prevent a flood, but you can prevent the unpleasant inconvenience, stress, and financial hardship that come when you experience flood damage and have no flood insurance plan. This is a must for home and business owners, regardless of where you live. Flooding is more common than many people realize, and no structure is immune. It’s important to meet with a knowledge insurance representative that can be your partner in navigating the aftermath of a potential disaster. Your agent will discuss your property with you and go over plan options, recommending the most appropriate one for your situation.
What’s Typically Covered Under Flood Insurance?
There are a variety of plans out there suitable for different needs, but most typically involve the following:
- Building coverage: this will cover the structure itself and permanently installed items, including your foundation, electrical and plumbing systems, stationary kitchen appliances, etc.
- Contents coverage: this coverage is for your items, like furniture, clothes, toys, electronics, washer and dryer, etc.
- Replacement cost: this is a method to establish the value of the property to determine the amount the insurer will pay if there’s a loss, using like materials and quality
In some cases, this may not seem like enough. Your insurance agent can speak with you about extra flood coverage options that may be right for you.
Questions? Ready to speak with someone about your flood insurance options? The Seltzer Group is here for you, with locations in Schuylkill Haven, Orwigsburg, and Pottsville, Pennsylvania. The Seltzer Group is a proud member of the Keystone Insurers Group, and serves businesses and individuals locally, regionally, and on the national level.