Anyone who lives in an area prone to flooding should consider purchasing flood insurance. This includes those who live in coastal areas, near rivers or lakes, or in areas with a history of flooding. Even if you don’t live in a high-risk flood zone, it’s still possible for your home or business to flood, so it’s a good idea to be prepared.
No, flood insurance only covers damage caused by flooding. Other types of water damage, such as a burst pipe or a leaky roof, are typically covered by homeowners or business insurance.
To file a claim for flood damage, contact your insurance agent. Be sure to document the damage with photographs and keep any receipts for repairs or replacements.