Why Do I Need Flood Insurance?

If you have renters insurance or homeowners insurance, you probably wonder if getting another coverage is worth it. According to the Federal Emergency Management Agency, flooding is the number one natural hazard in the US. This means that your property faces an increased risk of flooding damage than it does from a fire hazard. To add to this, Asheville Insurance Center expounds on other reasons why you need flood insurance.

Your Homeowners Insurance Does Not Cover Flood Damage

The standard homeowner’s insurance may provide coverage for damage to your property from perils such as fire hazards but will often leave out the damage caused by floods. Due to the varying degrees of risk in the country, flood coverage is different in each state, so consider checking with your Asheville, NC agent on the contents covered by your policy. 

Flooding Can Occur Due to several Things

Apart from heavy rains, flooding can occur due to numerous reasons. Weather extremities such as mudslides, spring thaws, and hurricanes have been found to lead to flooding, meaning damage to your property can occur at any time. In addition to these, damaged drainage systems and inadequate levees and dams are other events that can cause harm to your assets. Rather than wait for any to occur, make it a point to get proper flood coverage.

A Few Inches of Water Can Cause Enormous Damage

Flooding disasters do not always require significant water accumulation. One inch of water is enough to cause damage to home valuables such as furniture and electronic equipment, with replacement costs likely to stack up into serious expenses. In unexpected weather catastrophes, vehicles and buildings will also face added damage, resulting in unimaginable destruction. So, why wait for these hazards to wreak havoc in your home?

Reach out to Asheville Insurance Center today for more details on flood coverage. Our Asheville, NC agents will guide you through your preferred options, keeping you protected from flood damage.