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Blessed 
   
Location: Here | My agent called me today to make sure I was aware of any water damage caused by flooding rains or floods.
Homeowners DOES NOT cover Flooding rains or floods. It only covers water damage caused by backed up sewers, water damage from appliances, sink over flows, hot water heater, water line busting etc.
YOU MUST obtain a Federal flood policy seperate from your home owners policy
EVEN if you DO NOT live in a flood plain
SO if you don't have a seperate flood insurance policy and have a flood you will not be covered.
Just a PSA for today |
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  That's White "Man" to You
Posts: 5515
| Lots of people learn this the hard way. In insurance school they teach you...If the water comes from the inside it's usually covered, BUT if it comes from the outside it's not. |
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 Veteran
Posts: 211
Location: Vinton, La. | Yes indeed. Welcome to our world. (Gulf coast Hurricanes) Many people who lived inland but who flooded learned this lesson the hard way during Rita and Ike.
Many in lower Cameron Parish who had flood and home owners, had both insurance companies fighting over who should pay claims. Flood Insurance said homes were destroyed by wind, before the surge came along. so homeowners should cover, and homeowner insurance carriers were saying tidal surge destroyed the homes before the winds. It was a giant huge mess. |
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 Hugs to You
Posts: 7550
Location: In The Land of Cotton | This is true. When we had the big flood here, my inlaws home flooded. They had to get a low interest loan from the government to rebuild their home. Then from that point forward carry flood insurance. They were in a 500 year flood plain.
Many people who were flooded are in for a financial mess. My heart goes out to them. One thing and I know, it won't make it easier, is that sooner or later the government "might" bring in either mobile homes or travel trailers for these people to live in while they rebuild.
Hugs and prayers to all of them. |
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Hugs to You
Posts: 7550
Location: In The Land of Cotton | Another thing too - from experience - and there was a great article on FB about how to help the victims - when they had the flood here - they were telling people who had been flooded to throw everything in their home away. While common sense tells you to throw away things that you cannot clean - mattresses, stuffed furniture, etc., a lot of things can be sanitized and cleaned. Please use common sense. People were throwing away towels, clothing, silverware, plates, stainless steel pans. Things that could be cleaned and reused.
It is all so over whelming. If you have the opportunity to help someone, just washing clothes for them would be a help. Taking a dinner with everything in a cooler and leaving the cooler with them is a help. While charities are helpful, sometimes money donated doesn't always get to the people, but a gift card to Walmart or a food store helps. |
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 Regular
Posts: 63
| Great advice. Does anyone know the average price for a flood policy?
The same goes with snow on barns. You must add collapse coverage or you will not be covered for loss. |
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Extreme Veteran
Posts: 482
Location: Texas, and loving it | Price is determined by location and also value of your house. Not all agencies offer the Federal Flood Policy but should be able to put you in contact with someone who does. |
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 Texas Tenderheart
Posts: 6715
Location: Red Raiderland | This is really sound advice SG.  |
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Blessed
Location: Here | Kaycee - 2015-05-29 2:22 PM This is really sound advice SG.
Lots of people don't know this. They think you have to be in flood plain. And even lenders don't require it. So it can cause a horrible domino effect |
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 Elite Veteran
Posts: 933
Location: north dakota | Also learned the hard way if your sump pump fails and you get water in the basement it's not covered unless you buy sump pump insurance |
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Regular
Posts: 63
| Sounds like we need insurance for what is not insured. |
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Folks on-line