Why Flood Insurance Is So Important

When you own a home, you need many types of coverage to protect it and yourself. It’s essential to ensure you have a flood insurance policy as part of that protection. It protects against several types of flooding, so you’re well protected against these damaging disasters. If you don’t have flood insurance, the cost of repairs or rebuilding could be overwhelming. To protect yourself against floods, call us at HBW Insurance Group in Catonsville, MD.

Flood Insurance and Home Insurance

There are a lot of people who believe that their home insurance will protect them from floods. However, home insurance doesn’t cover these disasters. It’s essential to have both a home policy and a flood policy to protect you against a wide range of disasters and other events. When you have flood insurance, it can pay for the expensive repairs that floods often cause. The home may need to be rebuilt in some cases of flooding, and the policy can pay for that too. You aren’t well protected from disasters if you don’t have it yet. 

The National Flood Insurance Program

FEMA backs flood insurance under the National Flood Insurance Program. It’s a solid program that is guaranteed and funded by the government. The Program sets the price for flood insurance. This allows you to get flood insurance at the same price, regardless of where you get it. This insurance is a good idea for all homeowners, and it’s a trustworthy insurance product.

Get Your Flood Insurance Policy

As a homeowner, ensuring you have the right insurance policies to protect your finances is essential. If you don’t have flood insurance yet, it’s time to call us at HBW Insurance Group in Catonsville, MD, to find out more.