In decades past, homeowners insurance used to cover flood events. However, after a series of catastrophic disasters, this proved to be too expensive. Because of the nature of flooding, a river that overflows its banks can inundate large portions of land. Definitions of flooding can include water that touches the ground before entering an edifice, and according to FEMA, it can also incorporate instances where two acres have been saturated by water.
Heavy rains can also cause flash floods when city streets cannot evacuate water fast enough off of the asphalt. Groundswells may occur during hurricanes, and these often take place more gradually.
Flood insurance is a separate insurance product, and you are not required to purchase this by law if you live in the Croton Falls, NY region. It is good to assess whether you live in an area that is prone to flooding, and your Carminucci Agency representative can help you make this decision.
Why Flood Insurance?
It is important to distinguish that water damage from burst pipes or broken appliances can fall under the type of peril that a homeowners policy will cover. Certain other types of hazards, such as flooded basements due to backups caused by sump pump malfunctions are not automatically included in your homeowner’s coverage.
It’s always important to keep your home in good repair, as a claim can be denied on grounds of neglect should you experience a covered peril that was otherwise caused by disrepair. Gradually occurring conditions like rot or mold also fall outside the scope of home insurance.
Carminucci Agency Is Here To Help!
Our knowledgeable representatives can craft an insurance package to suit your needs, and we encourage you to speak to us today. We serve those in Croton Falls, NY and can be reached by phone or online to schedule an in-person visit.