According to the Federal Emergency Management Agency (FEMA), floods are the most common, and most costly, natural disaster. With weather events increasing in frequency and severity, more communities are experiencing flooding. You do not have to be in a flood zone to experience a flood. You may not know that flood damage is not covered under a standard homeowners or business owners policy. Everyone lives in a community with some flood risk. It’s just a question of whether you live in a high-risk, low-risk or moderate-risk flood area. In the event of a flood, you may have other losses then just structure damage. Knowing what coverages are available can limit the total loss to your home or business.
Below are some examples and additional coverage protections –