It's always important when you purchase homeowners insurance to read the policy jacket and see what is covered. However, it's even more important to understand what is not covered. A common misconception with homeowners insurance is that flooding is covered. A flood insurance policy will cover your home from outside water.
During the hurricanes this summer, thousands of homes were damaged. Unfortunately, only 20% of the victims of Hurricane Harvey had flood insurance. We always emphasize getting a policy no matter the flood zone you're in.
Most flood insurance policies are very affordable according to the flood zone you are in.
Fenix Risk Management is an independent insurance agency proudly serving families & businesses in Georgia, Alabama, North Carolina, South Carolina, Tennessee, and Florida.
Vik is an adviser at Fenix Risk Management.
Note: the opinions expressed in this blog are that of the author, not of any other individual or organization referenced.