Flood Insurance

As the name suggests, flood insurance is a policy that protects you when you experience water damage. It will especially come in handy for Delaware residents, with the region being in the coastal floodplain. Below, The Charles Connolly Agency discusses areas that flood insurance can help cover.

What Does Flood Insurance Cover?

The Structure of Your Home

The structure of your home will likely experience significant damage when flooding occurs, affecting the integrity of your home. Flood insurance compensates when this happens and will help cover items such as the foundation and electrical and plumbing systems. Permanently installed carpeting and built-in appliances, and central air systems will also be protected.

The Contents Within Your Home

Your personal belongings will also be protected when flooding occurs, allowing you to minimize costs. Examples of these items are clothes, electronics, and furniture. If you also have appliances such as dishwashers, dryers, and washers, flood insurance will help pay for the repair or replacement costs.

What Does Flood Insurance Not Cover?

Some items will generally be excluded from coverage, requiring an additional policy. If you have expensive things like precious metals, currency, and valuable paperwork, these will unfortunately not be covered. Self-propelled vehicles such as cars will also not be protected by flood insurance.

Additionally, basements and items stored in them will also not be covered. This means you may not receive compensation for property such as clothing and electrical equipment if damaged in the basement during a flooding incident. Fixtures such as bookcases and furniture will also not be protected if stored within the basement. The foundation will, however, be covered as it generally falls under the structure of your home.

Today, flood insurance is paramount for areas prone to climate catastrophes. If you need cover to keep you safe from unexpected flooding emergencies within Delaware, consider calling The Charles Connolly Agency today. We provide customized covers designed for your needs for year-round protection.