Flood Insurance West Palm Beach
It only takes a few inches of water to cause major damage to your home. That water can come from storms, melting snow, or hurricanes, and your homeowner’s insurance policy won’t protect you. The only way to protect yourself from flood damage is with flood insurance.
The National Flood Insurance Program determines coverage and premiums and provides the coverage. However, you can buy your policy from Jacobs Insurance Agency. We urge our clients to act quickly to pick up coverage before it is too late. It typically takes a full 30 days for the coverage to take effect, so if you wait too long, you might not have the coverage when you need it.
Flood Coverage Options
Jacobs Insurance Agency can help you get a flood insurance policy that covers your home, apartment, mobile home, condo, or business. Most of our clients opt for policies that include three types of coverage. This comprehensive flood insurance ensures they are protected in case groundwater rises.
Let’s look at the three most popular coverage options.
Flood waters can damage a building’s structure. Building coverage protects your home’s physical structure. It pays for any repairs you might need due to a flood. You can also get building coverage for a non-residential property.
Jacobs Insurance Agency can help you get a policy for up to $250,000 for a home or $500,000 for a nonresidential building. With our help, you can determine how much coverage you need.
If flood waters make it into your home, your personal property could get damaged. Clothing, furniture, and other items could be completely destroyed. Contents coverage covers the items at actual cost value. That refers to the value of the item at the time of the flood.
Let us help you get a policy for up to $100,000 for your home’s contents or $500,000 for the contents of a nonresidential building.
Replacement Cost Coverage
In some cases, floods completely destroy homes. If you have replacement cost coverage, the policy will help you replace your home. Talk to Jacobs Insurance Agency to get the specific details of this coverage.
What Isn’t Covered
Flood insurance policies typically do not cover damage from water backups. For instance, sump pump overflows or sewer or drain backups are not covered. You will need a separate policy to cover this type of water damage. Talk to one of our agents to learn more about what flood insurance does and does not cover. We can also help you determine all of the additional policies you need to cover your home and belongings completely.
There are two steps involved in being proactive when it comes to flooding. First, you need to get flood insurance with Jacobs Insurance Agency. Second, you need to follow some tips to make your home less likely to experience significant flood damage.
Water-resistant building materials are an excellent way to limit flood damage. If you are building a new home, ask your builder to use such materials.
Leaving the basement floors unfinished will also mitigate the damage incurred. You can also install flood shields for your windows and doors.
These are just some ways that you can limit your losses if you suffer from a flood. Talk to your builder or contractor to come up with additional options.
A flood is serious, but you can mitigate your damage. Let Jacobs Insurance Agency help you stay on solid ground if you suffer from a flood. Remember to act quickly to get your flood insurance so you will be protected if something happens. Contact us today and we will start writing your policy immediately.