At AS Insurance Agency, we are committed to offering our Manchester, NH clients the most comprehensive flood insurance for their homes. You won’t be left with a huge bill after your home sustains irreparable water damage. Many people bypass getting flood insurance thinking their standard homeowners insurance covers it. This is a mistake. Many standard homeowners insurance policies don’t include proper flood coverage, even if you live in a low-risk area.
If you are searching for a new homeowners policy and are new to flood insurance, you should know about the following three things.
Three Things To Consider Regarding Flood Insurance
There Will Be Fine Print
Almost every Manchester, NH flood insurance policy includes some fine print. When you contact AS Insurance Services, our representatives will be sure to be comprehensive and clear when explaining to you what your policy covers. The last thing you want is to have flood damage and not have the proper insurance to pay for it.
It Doesn’t Kick In Right Away
If you’re thinking you are heading for a time of year when there will be a high flood risk, don’t hesitate to add flood coverage to your policy. This is because most flood coverage doesn’t kick in right away. You should assume that there will be at least a 30-day waiting period before flood coverage is added to your homeowners’ policy.
The Payouts Are High
According to FloodSmart.gov, the average flood insurance payout in the United States is 69,000 dollars. With this add-on to your homeowners’ policy, you are almost assuredly going to be properly covered if your home sustains major flood damage.
Consult With Us
Don’t feel too comfortable about flood risk if you live in a low-risk area, you should still have some type of coverage, but anything can happen when it comes to weather. Contact us at AS Insurance Agency in Manchester, NH today if you have any further questions about flood insurance.
