With El Niño expected to continue this winter, now is a good time to check your flood protection. El Niño is a weather pattern linked to warmer water in the Pacific Ocean. It can raise the chance of a wetter winter in Southern California, although it does not guarantee flooding.
At Insurance Incorporated, we can help you get a flood insurance quote for your home or business before the next big storm.
Your regular insurance may not cover a flood
Many people think their home or business insurance covers any kind of water damage. Most standard policies do not cover damage caused by flooding. You generally need separate flood coverage.
Without that coverage, you could be left paying to repair your property and replace damaged items yourself.
A low flood risk does not mean no flood risk
Your property does not have to be next to a river or the ocean to flood. Heavy rain can send water across streets and yards. Flooding can also happen in areas marked as lower risk.
Even if your property has never flooded, it is still worth asking about a quote.
Do not wait until a storm is on the way
Most new policies through the National Flood Insurance Program, or NFIP, have a 30-day waiting period before coverage starts.
That means buying a policy today usually does not protect you today. If a flood happens next week while your policy is still in its waiting period, that flood normally would not be covered.
Getting a quote is only the first step. You must complete the application and payment requirements for coverage to start on schedule.
If you are buying a property and getting a loan, you may qualify for coverage that starts when the loan closes. Being in escrow alone does not automatically remove the waiting period. Other exceptions may apply, and private flood policies can have different waiting periods. We can check which rules apply to you.
You can get flood insurance for a home or business
Flood insurance is available for both residential and business properties. Depending on the coverage you buy, it can help pay for damage to:
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Your home, including the building and belongings such as furniture, clothing, and electronics.
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Your business, including the building, equipment, and products you keep to sell.
Coverage for a building and the things inside it may need to be purchased separately. We can help you review both.
Standard NFIP policies do not pay for temporary housing or income your business loses while it is closed. Ask us about those needs when we review your options.
Call Insurance Incorporated for a flood insurance quote
Do not wait until water is rising to find out what your insurance covers. Call us now to review your options and allow time for coverage to begin.
Call Insurance Incorporated at 877-898-9333 for a flood insurance quote for your home or business.
Let us help you prepare before the rain arrives.
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