At Texas Classic Insurance, we have seen plenty of homeowners who wait until they see the effects of flood damage to get a flood insurance policy in the Granbury, TX region. Unfortunately, as these homeowners discover the hard way, waiting until you need insurance can be the worst strategy for choosing the right insurance policy for you. If you want to know the right time to get flood insurance, we’ve got you covered.
What is flood insurance?
As the name implies, flood insurance is a type of insurance that specifically covers damage, repairs, and losses related to flooding from natural disasters. It can cover items inside the home such as refrigerators, washers, dryers, and other appliances. It can also cover costly repairs and maintenance related to flood damage such as the removal of debris and electrical repairs.
Additionally, policies of flood insurance can also sometimes cover personal items that are lost or damaged as a result of flooding. Since every policy is different, it is important to check with your flood insurance provider to see what the specific details of your policy include.
When should I get flood insurance?
Although it might be tempting to wait until flooding actually happens to get flood insurance, we always tell our clients that the best time to get an insurance policy was yesterday (or when you bought a home). If you wait until you see damage from flooding, your policy will not cover that retroactively in most cases. Additionally, you’ll have to spend time waiting for the insurance coverage to kick in. This can mean spending your own time, energy, and resources on repairs while waiting for insurance coverage.
Contact Us Today
We are here to assist with your flood insurance coverage options. Give us a call at Texas Classic Insurance in Granbury, TX today!