Why You Should Add a Flood Policy to Your Homeowners Insurance

Posted October 20, 2023

If you own a home, you probably already have homeowners insurance. But believe it or not, your homeowners insurance may not automatically come with flood insurance. Although you may think that you can get away without flood insurance, this may be a costly mistake you regret later on.

North Carolina is a state of stunning natural beauty, but it is also a state that faces that consistent risk of flooding. Whether you reside along the coast or inland, there are several reasons to add flood insurance to your existing homeowners insurance policy.

If you live along the coast, your property may be particularly susceptible to hurricanes and tropical storms. These weather events can bring heavy rains, storm surges, and flooding, posting a substantial risk to your home. Without flood insurance, the financial burden of repairing or replacing your property could be overwhelming.

Keep in mind that flooding isn’t just limited to coastal regions – inland areas of North Carolina are also prone to flash floods, riverine flooding, and heavy, rain-induced property inundation. Even a single severe storm can lead to devastating damage, making flood insurance a necessity, no matter your location.

Flood insurance provides crucial financial protection, covering not just structural damage to your home,, but also coverage for your belongings. It can also help you recover faster and with less financial strain after a flood occurs. Do you have questions about adding flood insurance to your homeowners insurance coverage? Contact us today to learn more!