Spring rain often arrives with flooding and insurance claims. It is important for all homeowners to check their policy for adequate coverage. Before severe damage to roofing, sewage, and basements cost you a fortune, take a closer look to make sure you have protection.
A standard homeowners’ policy typically does not include flood insurance so separate coverage is essential to pay for potential water damage. Other common damages include water overflow on the surface, back up in sewage, draining, or sump pumps, and underground leaks or seeps. You must have a separate flood insurance policy to receive coverage for water damage.
According to the National Flood Insurance Program, an average claim from flooding damages is over $33,000, so particularly for homeowners, proper coverage is essential. Water damage is one of the top reasons for homeowners’ claims. When water damage does occur, focus on immediate cleanup to avoid keep mold from developing, which insurance companies usually do not cover.
For more information about flood insurance in California, please contact Cook, Disharoon & Greathouse, in Oakland.
