What Everyone Should Know About Flood Insurance in Plano

What Everyone Should Know About Flood Insurance

Flood insurance seems to cause much confusion among the population and when that happens, many misconceptions arise. 

“I’m not in a flood zone, so I do not need flood insurance.”

As an insurance agency, we cannot tell you how many times we have heard that sentence–or a variation of it. You would be surprised to find out that most of the country is actually in some sort of flood zone. It just happens that some flood zones run a higher risk of experiencing a flood than others–sometimes by years or even decades. So what does this mean for a homeowner? It means that you are always at risk of a flood, even if you think your neighborhood is not in any danger. Heavy rain, sewage backups, pipe overflows, and more can all be the cause of floods. Here are a few things everyone should know about flood insurance.

It’s a separate policy. People believe that their homeowners insurance will cover for flood damage. This is incorrect, and you will receive nothing from your insurance company. Flood insurance in Plano is a separate policy.

Not just for coastal homes. You don’t have to live in a coastal city in order to get flood insurance. Just talk to your insurance agent to find out if your community is eligible for flood insurance.

Your lender will likely require it.

To protect your home from the very real threat of water seeping through your home and to get the best rate on your flood insurance in Plano, TX, contact Tri-Star Insurance Professionals in Texas. You can click here to learn how you can save up to 35 percent on your Texas home or auto insurance with our simple 5 step email course!