Flood Insurance Myths Debunked

A major part of keeping your home properly protected is understanding your insurance policy, how it works, what it covers, and what is covered. The knowledgeable insurance professionals at Melvin Gessner Insurance Agency are here to help clients in Willis, TX and the surrounding areas better understand these topics.

Let’s take a look at some of the myths surrounding flood insurance:

Myth: Your Home Insurance Policy Covers Flooding

This is a big misunderstanding many homeowners have concerning flood insurance. Your home insurance policy will cover flooding that occurs inside of your home caused by appliance or plumbing malfunction. You should understand that this is very different from flooding which results from a natural disaster.

A flood insurance policy is intended to cover natural disaster flooding or other cause of flooding from outside of the home.

Myth: You Won’t Qualify For Insurance In A High-Risk Area

There are obviously some areas of the country that are at a higher risk of flooding than others. Contrary to this myth, you can obtain flood insurance even if you live in these areas. You will need to have your flood risk professionally assessed, however.

Myth: Renters Aren’t Eligible For Flood Insurance

Renters can get flood insurance coverage for their belongings that are being housed in a rental property. You will need to sit down with an insurance professional to determine the value of your possessions to make sure you get an adequate policy. You should note that your personal items are not covered under the policy that your landlord or property manager has on the property itself.

Contact Us Today

Would like to learn more about flood insurance or any of the other insurance services that we provide? Don’t hesitate to get in touch with us at Melvin Gessner Insurance Agency, serving Willis, TX and the surrounding areas.