home-disasterA Texas Flood Insurance Update Few people understand how flood insurance works.  Nonetheless, when you need it, flood insurance can go a long way to help you recover from a loss.  Insurance is all about understanding risks, and not every business or homeowner is equally at risk for flood losses.  Having flood insurance means you will be reimbursed for all your covered losses, and unlike Federal aid, it never needs to be repaid. Flood Insurance Concerns
  • Your homeowner’s insurance does not cover floods. Flood insurance requires a separate policy that is especially for floods. If you do not have one, you are not covered.
  • You may need flood insurance even if you live outside the flood plain. Flooding can occur anywhere. In fact, 30% of flood damage occurs outside the “flood plain.”
  • If you decide you want flood insurance, you will need to secure coverage as soon as possible. There is a 30-day waiting period before policies can be bound.
  • There are flood polices for condominiums and apartments as well.
J.S. Edwards & Sherlock Insurance Agency is here to assist you with flood insurance and to help you understand more about why you need this valuable type of insurance. Don’t wait for a flash flood or flood-related losses to befall you before you protect your home and everything in it. Call one of our agents today to talk about which insurance policy is best for you. At J.S. Edwards & Sherlock Insurance Agency, we are proud to help individuals and families get the coverage they need to have both financial security and peace of mind. To get start, give us a call at 409.832.7736 or fill out our contact form!