What is Flood Insurance?

Many home insurance policies don't cover water damage from flooding. However, some auto insurance policies do. If you live in a flood zone or want to financially protect yourself in the instance of a flood, consider flood insurance. Here is what you need to know about flood insurance:

Flood insurance covers the costs to rebuild and repair your home. Additionally, flood insurance companies pay you the actual cash value of your personal items that are lost or damaged in the event of a flood.

Your home's foundation and structure are covered by flood insurance. Additionally, your air conditioning, furnace, plumbing, electrical systems, garage, and other detached structures, built-in appliances, permanently installed carpeting and household fixtures, personal property, and up to $2,500 in valuables are covered. Even debris removal is included in flood insurance.

Even though flood insurance covers all of these things, it does not cover things like stock certificates, swimming pools, landscaping, sump-pumps, floodwater damage that leads to termites or mold, and motor vehicles.

Even though flood insurance doesn't cover damage to motor vehicles, many car insurance plans do cover this damage. A comprehensive coverage plan can include protection from events out of your control, such as severe weather and flooding. If you live in a high-risk flood area or you want to protect yourself from severe weather, shop for auto insurance policies that include protection against things out of your control.

Shop with Island Auto Group for top-quality new and used vehicles. Once you find a vehicle on our lot that you love, consider an auto insurance policy with comprehensive coverage to protect you from expensive water damage costs. Island Auto Group is located in Staten Island and we hope to see you here soon!