When you lease your private home or residence, you will have purchased renters insurance coverage to guard your belongings from theft, fireplace, or injury from a burst pipe.
However there’s extra to think about. Renters insurance policies usually don’t pay for losses on account of floods. However a flood insurance coverage coverage might.
If a flood causes injury or loss, your flood coverage covers private belongings resembling clothes, furnishings, electronics, kitchenware, and curtains.
A flood coverage doesn’t cowl money, valuable metals, inventory certificates, and different priceless papers. A coverage additionally doesn’t cowl vehicles, vans, or private property stored in a basement.
Store earlier than storm season. It usually takes 30 days for a flood coverage to take impact.
Ask your insurance coverage agent in the event that they promote flood insurance coverage. If not, you should purchase a coverage from the National Flood Insurance Program. You can even name them at 877-336-2627.
