If you’ve been on the fence about whether to buy flood insurance, it’s time to bust a few myths and see why this might be the most important "extra" policy you ever get. 1. Your Homeowners Insurance Has a Secret Exit
Most people assume their standard homeowners policy is a "catch-all" for disasters. It isn't. Standard policies typically cover fire, theft, and even wind—but they almost universally . buy flood insurance
Talk to your current insurance agent about adding an NFIP policy or exploring the private flood insurance market. If you’ve been on the fence about whether
Check your property’s risk using the FEMA Flood Map Service Center . It isn't
Without a dedicated flood policy, you could be left footing a massive bill for everything from warped floorboards to a ruined foundation. According to experts at FEMA , just can cause over $25,000 in damage to your home. 2. "Federal Disaster Assistance" Isn't a Magic Wand