Flood insurance is not a standard type of insurance. For this reason, there is so much false information and misconceptions. If you are currently looking for flood insurance to protect your property and personal belongings, here is a list of the most common myths prepared by Attain Insurance serving Fort Payne, AL about this insurance that need to be debunked:
Myth 1: Your Home Insurance Covers Flood Damage
Unfortunately, a standard home insurance policy will not pay for flood damage, even though it covers water damage in general. Therefore, in order to fully protect your home, you need to purchase separate flood insurance.
Myth 2: Flood Insurance Is a Waste Unless You Live in a Flood-prone Zone
Any property can flood, even if it is not located in a flood-prone zone. Therefore, it is better to protect your home or commercial property anyway and purchase a flood insurance policy.
Myth 3: Minor Flooding Does Not Cause Serious Damage
In fact, even minor flooding can cause significant damage to a building and its contents. Just one inch of water in a house can cause over $20,000 in damage. If you want to protect yourself and have peace of mind, flood insurance is what you need.
Myth 4: Flood Insurance Always Covers Everything
Like any other type of insurance, flood coverage comes with limits. That means that even though you have proper coverage, it may not be enough and you will have to pay a certain amount out of pocket anyway.
We Are Ready To Help You
Choosing proper flood insurance is not the easiest task, especially if you have never done it before. If you live in Fort Payne AL and you are thinking of getting a policy for yourself and your beloved ones, feel free to give Attain Insurance – we are always ready to answer your questions about help you get what you really need.