Flood

Living on a hill or on an elevated plot of land can assist in your home not being flooded, but it is not a guarantee that you can avoid the risk losing your property catastrophic flood. Flood insurance covers a dwelling that has a loss associated with water damage as a result of outside rising water or mudflow originating from nearby bodies of water. More than 25% of the National Flood Insurance Program’s claims are filed outside of high-risk areas, are affected by flooding and receive one-third of disaster assistance for flood claims. Basements and any level below ground are covered under a flood policy and include cleanup expenses, as well as coverage for items used to service the building; elevators, furnaces, hot water heaters, washers and dryers, air conditioners, freezers circuit breakers, etc.