Flood Insurance in Bradenton, FL
Floods impact numerous homes and businesses each year. Most homeowners insurance policies do not cover flood damage, making separate flood insurance an essential part of protecting your property investment.
How Does Flood Insurance Work?
Flood insurance may provide financial assistance to repair or replace your home and belongings after a flood event. Policies are generally purchased through the National Flood Insurance Program (NFIP) or private insurers and may cover the structure of your home and its contents. Unlike other types of coverage, flood insurance has terms, limits and exclusions, which means it operates separately from a traditional homeowner’s policy.
What Does Flood Insurance Cover?
Flood insurance may cover a range of damage that occurs during a flood. It can help you recover more quickly by addressing the most critical areas of loss. Some of the primary items covered include the following:
- Structural elements like walls, floors and foundations
- Electrical and plumbing systems
- HVAC equipment, such as furnaces and central air conditioners
- Major appliances, including refrigerators, stoves, and built-in dishwashers
- Permanently installed carpeting over unfinished flooring
- Personal belongings like clothing, furniture and electronics
- Debris removal costs
- Temporary relocation expenses (in some policies)
It’s crucial to understand what your policy includes, as coverage limits and exclusions can vary. Consult an insurance professional from Lakewood Financial Services Inc. to learn more about flood insurance.
Speak With an Agent
Secure optimal flood insurance with Lakewood Financial Services Inc. Our agents can discuss policy options that match your needs. Contact us today.