GSP Insurance Group Blog
Flood insurance is designed to protect your home, and it can also pay for other types of property damage if you're ever hit by a flood. It's important to know that your homeowner's or renter's insurance policy won't cover floods or water damage caused by them. You may be required to buy flood insurance if you live near the coast or in one of the high-risk flood zones designated by the Federal Emergency Management Agency (FEMA).
Flood Insurance Basics:
Private Flood Insurance
Making sure you're prepared for the next flood season is important. If you live in a moderate or low risk zone, then it probably won't affect your home insurance too much. However, if you live in an area that experiences frequent flooding, then it's best to get flood insurance before anything happens so that it doesn't disrupt your lifestyle any further than necessary.
Tyler Grizzle- Partner at GSP Insurance Group