Of all the natural disasters, flooding is number one for insurance claims. Flooding can happen in nearly every state and for this reason, it can be a good idea to be covered. It is important to know how high risk your property may be when looking at this type of insurance. Bingham Insurance Group of Braselton, GA can work closely with you to help find out whether you live in a low or high-risk area that is more prone to flood.
Flood Zones
The most obvious way to determine the level of risk of flooding to your property is the flood zone it is in. FEMA gives lettered designations that inform this level of risk and can be helpful when talking to insurance agents about how much flood insurance you may need. While what flood zone you live in shouldn’t be the only qualifying reason for getting flood insurance, it is useful to research and know to make decisions about purchasing coverage.
Changing Factors
Even if you do not live in a high-risk flood zone, there are other factors that can still make flooding a possibility. Over-developed areas that are improperly planned, poor drainage systems and extreme weather conditions can all contribute to the likelihood of your property flooding. If you are uncertain of these factors, researching where you live can make you better informed at your flood risk.
Most homeowners insurance policies don’t cover flooding. It is usually an additional coverage that will need to be added. Since your home is likely one of your biggest investments, it can be a wise practice to get some kind of flooding insurance. Our qualified and friendly representatives at Bingham Insurance Group of Braselton, GA will be happy to discuss your insurance needs. Stop in or give us a call to schedule an appointment today.
