The Advantages of Flood Insurance for Homeowner's
It is a good idea to have flood insurance on your home even if it isn't located in an area that has experienced flooding issues for years. It is an added expense but one that is well worth the investment. You would be surprised how many people actually live in a flood zone but don't realize it.
A flood plain is commonly identified as any area with a large body of water close by. However, you can be at risk even if you live within 40 miles of a dam. The force water flows at can mean it will reach your home quickly. It is a good idea to find out about this information in relation to your own home. You may be surprised at the information you find.
Don't be fooled by thinking that your standard homeowner's insurance policy is going to cover such water damage. You will sadly find out otherwise in the majority of cases. With flood insurance you will have the coverage you need to repair your foundation, repair interior walls, and to replace any contents of your home that have been damaged.
The peace of mind that having flood insurance gives you is worth the added cost to your premium. Hopefully you won't ever need it but it is nice to have that safety net there. Should you ever need it the premiums you have paid will be a very worthwhile investment. Talk with your homeowner's insurance agent to see about adding this coverage to your current policy.