Flood insurance for homeowners
Regular homeowner's insurance policies do not cover damage from floods; however, in communities that participate in FEMA's National Flood Insurance Program, separate flood insurance is available. This insurance is backed by the Federal government and is available in the participating communities to everyone, even for properties that have previously flooded. Information about flood insurance is available through local insurance agents. Flood insurance must be purchased 30 days prior to any claims.
Some homeowners have purchased flood insurance because it was required when they obtained a mortgage or home improvement loan. These policies may cover only the structure and not the contents. During floods, damage to furnishings inside the structure may be costly. Check your flood insurance policy to see if your home's contents are covered; if not, you might want to add this coverage.
