Hurricane Irma: Did you have Jacksonville Flood Insurance?

Hurricane Irma: Did you have Jacksonville Flood Insurance?

After Hurricane Irma hit, many homeowners found that they had a significant amount of flooding going on across their property. Depending on how close they were to the St. John’s River or the Atlantic Ocean, the water might have even gotten into their homes. Flood water can wreak havoc on a home, including the flooring, drywall, and overall structure.

Why is Flood Insurance Important?

Flood insurance is important so you have the means of making repairs and replacements after a flood hits. Depending on the age of your home and how much water enters your home, you could have a lot of damages. There might be structural problems. You might need to replace floors and drywall. There might be other issues to contend with, too.

You don’t want to be financially responsible for the repairs. This could add up to tens of thousands of dollars. It’s why some areas of Florida are required to have flood insurance. It ensures that homes get the needed repairs after a flood happens.

Doesn’t Home Insurance Cover Floods?

One of the biggest assumptions that homeowners make is that home insurance will cover them in a flood occurs. In many instances, home insurance has fine print that includes various exclusions. One of the main exclusions is the lack of coverage on floods. What this means is that if a flood hits your home and you don’t have flood insurance, your home insurance policy will not provide protection. It would mean that you are responsible for all of the repairs on your own – can be more than you can afford.

When you buy home insurance, you will find out whether you are required to have flood insurance or not based upon where your home is located. If it is inside of a FEMA flood zone, you will have no choice but to purchase flood insurance. If you are outside of one of these zones, it is then at your discretion as to whether you want to have the money on flood insurance.

If you have ever been affected by flood water, you know the importance of having flood insurance. Many people learned from hurricane Irma that they need Jacksonville flood insurance. It’s one of those situations where it’s better to have it and not need it than suddenly need it and not have it as part of your policy. The cost of flood insurance in addition to your home insurance policy might not be as much as you think, especially if you are not directly inside of a flood zone.

Independent insurance agents can work with you to determine whether you need flood insurance and how much it’s going to be. An agent will get the quotes for you from the different insurance companies so that you simply have to make comparisons.