A Couple Important Facts About Flood Insurance

The flooding in Texas and Florida finds many of us wondering how we’re covered in case we experience a similar disaster.

Here’s some of what you need to know:

1) Your homeowner’s insurance covers you for water damage only when the water enters the home before hitting the ground. If the water hits the ground first, it’s considered flooding, and you have to buy flood insurance to be covered for it.

2) Flood insurance does not cover a flooded basement except for items in the basement (such as furnace and water heater) that serve the above-grade floors.