Flood insurance ensures that you’ve covered when hurricanes and heavy rains visit your area.
Why Flood Insurance?
Edwards Insurance agents know all about living in flood-prone South Carolina because we live here too!
What does flood insurance cover?
Flood insurance covers damage to property that is a direct result of a flood. Homeowners who purchase homes in floodplains are required to carry flood insurance, though flood insurance can be useful for homeowners everywhere, as hurricane season can mean flash floods and rising water levels for all sorts of properties in South Carolina, especially here in Greenville.
Don’t wait until it’s too late to purchase flood insurance
Most flood insurance companies require a 30-day waiting period between the time you purchase flood insurance and when coverage actually takes effect. If you wait to purchase flood insurance until you see a hurricane on the weather map, it’s already too late!
Two types of flood insurance coverage
The National Flood Insurance Programs offers two types of flood coverage – building coverage and contents coverage.
Building coverage covers:
- Your home itself
- Furnace and water heater
- Permanently installed carpeting, window blinds, etc.
- Detached garage
- Wells, fuel tanks and solar equipment
Contents coverage covers:
- Personal belongings like clothing
- Appliances that are not permanent parts of your home like microwaves, washers, and dryers
- Carpets, artwork and furs (to a limit)
Flood damage and water damage are not the same
Flood insurance only covers damage that is directly caused by a flood. Flood damage and water damage are not the same thing.
The National Flood Insurance Program defines a flood as a condition of partial or complete inundation of two of more acres of land that are usually dry OR water inundation that affects two or more properties, including the property owners’ property.
Floods can include:
- Damaging waves from the ocean
- Overflow from creeks and rivers
- Rapid accumulation of surface waters
- Mudslides or mudflow
- Collapse of a levee or dam that results in a flood
- Waves or currents that exceed normal levels and cause damage
What is NOT considered flood damage?
Water damage, though not covered by flood insurance, is typically covered by homeowners insurance. Though it can be complicated to know the difference, a good rule of thumb is that a flood comes from the ground up, and water damage comes from top down.
Examples of water damage that are not considered a flood include:
- A severe rainstorm damages your roof and water leaks into your home
- A pipe bursts and soaks your basement
- A toilet overflows and destroys your bathroom floor
What Our Clients are Saying…
Great team looking out for their clients. They are always available to give advice and point you in the right direction with your insurance needs! I know they have my family protected with the right home and auto coverage!
Great team looking out for their clients. They are always available to give advice and point you in the right direction with your insurance needs! I know they have my family protected with the right home and auto coverage! More content here more content here and more content here.