Even though water is life, floods continue to be the nation’s number one natural disaster, devastating communities and businesses. Despite popular belief, standard homeowners insurance policies will not provide you with coverage against floods. Fortunately, this protection can be purchased as a separate policy to safeguard your assets and wallet from flood damage.
While California may not be known for its heavy rainfall, take note that flooding can occur anywhere. Even so, many property owners remain unprepared. Rainstorms rarely give much warning and a flood insurance policy often takes 30 days to come into effect – so don’t leave securing protection to the last minute!