The majority of homeowners routinely purchase insurance to protect their property with little thought given to the features of the policy. It’s easy to assume a homeowner policy will cover anything that happens. However, there are some risks standard homeowners’ insurance policies don’t cover. As many people recently discovered in Texas, flood damage is not covered. Flood Insurance is a requirement in addition to a standard Home Insurance policy to handle those times when water damages a home.
Discuss Flood Coverage With Your Agent
Flood coverage is mandatory for home buyers in many areas. Any area lying within a designated must have flood insurance to obtain a mortgage. However, there are many times when flooding occurs in areas that have never experienced issues in the past. This places are not included in established flood plains. That’s why agents providing Home Insurance in Madison WI will often suggest flood insurance in addition to standard homeowners’ policies. Even where flooding is a possibility, property owners can take steps to minimize the threat of water damage.
Be Aware of Threats
To avoid the potential for water damage, industry experts suggest property owners evaluate the potential risks in their area and take steps to mitigate those risks. There are several rather simple steps homeowners can take to reduce the threat of flooding.
- Look for lot drainage issues. Far too many lots were never properly prepared before a home was built. If the land slopes toward a home, periods of heavy rains may well lead to flooding. There are specific strategies to correct slope issues, and homeowners should discuss ways to eliminate lot drainage issues with a contractor to avoid potential flooding problems.
- Keep all drain systems clear and operating. Many homes are in areas with high water tables and have basement drainage systems installed. It’s important to have those systems checked frequently to ensure they are functioning properly. A sump pump that doesn’t work won’t prevent flooding in a basement, and a clog in the drain lines won’t allow water to flow effectively.
- Maintain gutter systems. While this may sound like a no-brainer, many homeowners don’t take the time to clean gutters or make sure downspouts are directing water away from the home’s foundation. If you’ve got questions about the viability of a gutter system, get an inspection by a gutter specialist.
Of course, there are other steps property owners can take to minimize flood damage to their homes. Start with the basics and pay close attention to how water moves on a property during and after heavy rains. If water doesn’t drain properly, it’s important to take steps before damage occurs.
Understanding Your Insurance Coverage
Insurance companies do cover some water damage. When a pipe bursts, for example, the damage will likely be part of your coverage. If a storm damages a roof, a standard homeowner’s policy generally takes care of repairs. There likely won’t be coverage for flood damages by heavy rains, rivers overflowing their banks, and even storm sewer backups without additional flood insurance in place. If you’ve got questions about your property coverage, it’s important to discuss those questions with your insurance agent before any flooding occurs.
About Cliff Insurance Agency
Cliff Insurance Agency is a cutting edge insurance provider serving the needs of businesses and individuals in Madison, WI. Whether you need business auto insurance, renters insurance, motorcycle insurance, or homeowners insurance, we can provide the right solutions. Since 1956, we have been providing trusted advice and insurance options in personal insurance, business insurance, life insurance, and Progressive insurance. Contact Us Today.