Flood Insurance

Flood insurance is the coverage that is excluded from standard Homeowners policies. Many people assume that Flood is covered under their standard Home insurance policies only to find out that it is excluded when they make a claim.

Certain water damage is covered under standard Home insurance policy, but most flooding damages are not. One way to know what water damage is covered under which policy is this (do not rely on it entirely though):  falling water from “up-to-down” the sky is typically covered by your standard home insurance policy (left a window open over the weekend and there was a heavy rain that damaged your floors and furniture; during rain your roof started to leak and water soaked thru into your house causing damage);  but rising water from “down-to-up” is typically covered by Flood insurance policy (you live by the river or lake, where levels have been raised after a week of non-stop rain, and flooded your house; you live in the city and after a few weeks of rain all the sewage system was full and water kept on rising, reached your home and flooded it).

In simple terms, a flood is an excess of water on land that is normally dry. If the land that is normally dry becomes wet, and therefore caused damages to your property would be covered by a Flood insurance, which is a separate insurance policy from your standard Home insurance.

Another common cause of loss is a mudslide. It happens when excess amount of water softens the grounds and develops the mud that slides down the hill causing damage to your property.