Flood insurance is an important type of coverage that everyone should have. It’s a unique type of insurance that many people don’t think about getting. However, it’s a vital type of protection that you should have for your home. If you don’t have flood insurance, call us today at Alta Vista Insurance Agency in Vista, CA.

Home Insurance and Floods

Floods can be caused by a number of different things, and many of these types of floods are not covered by home insurance. If you don’t have flood insurance, that means that you will pay for all of the damage that is done by the flooding. This can be an extreme amount of damage that may be prohibitively expensive to pay for. Flood insurance can pay for that damage as well as any rebuilding that needs to happen after a flood.

Why Everyone Needs Flood Insurance

It’s common for people to not be interested in getting flood insurance if they don’t live in an area that is a high-risk flood area. These areas are generally near water and have a history of flooding. The problem is that among flood claims, about 20% are from areas that aren’t one of these high-risk areas. Without flood insurance, those homeowners would have to pay for all of the damage by themselves. The National Flood Insurance Program has recommended that everyone should have flood insurance.

Pricing for Flood Insurance

Flood insurance is sponsored by the government through the National Flood Insurance Program. The program backs these policies and sets the pricing. That means that no matter where you get your flood insurance, the cost is always the same. This is helpful to people who don’t want to have to shop around for the best price on a flood policy.