Tuesday, October 3, 2017

Flood Revisited

No Matter Where You Live … You Need Flood Insurance

By: Edward L. Blais, JD, CIC

With the tremendous devastation we have all witnessed in Florida, Houston and Puerto Rico, Blais Insurance would like to, once again, remind you to secure proper flood insurance. Whether you live on the coast in Florida, or nowhere near the water in Houston, Texas, your home or business can sustain a catastrophic loss as a result of ground water flooding. Unfortunately, only 10% of claimants had flood insurance in Houston, which is the only coverage that applies to that level of flood damage.

Homeowners’ insurance policies cover property damage that results from a sudden discharge of water from a home plumbing system or appliance. An example of this would be if a pipe burst in your home. However, many people find out at the time of a loss that water damage resulting from ground water seeping into a basement is never covered so prevention is the proper focus where seepage is concerned. Moreover, damage from flooding is only covered under a separate flood insurance policy when a qualified flood event occurs. With the rainy months still ahead of us, homeowners in high-risk flood areas are no longer the only ones who require flood insurance.

Blais Insurance offers premium flood insurance coverage at affordable rates through the National Flood Insurance Program. As we all discovered after the historic flooding in Texas, flooding can happen anytime, anywhere. There is typically a 30-day waiting period from when the coverage is purchased to when it goes into effect so do not wait for the next, big storm if you are considering flood insurance. Call Blais Insurance today at 725.0070.