The National Flood Insurance Policy (NFIP) is a federal program that provides flood insurance coverage in the event of a natural disaster. Comprehensive coverage helps restore your home and possessions after a flood. At Boss Insurance Agency in Kingwood, TX, we can help you get a flood insurance policy to help you recover from a catastrophic flood. Here’s a look at how it works.
What an NFIP Policy Covers
There are two types of policies offered by the NFIP: building and contents. Building coverage replaces items such as:
- Foundation
- Walls
- Anchorage systems
- Detached garages
- Furnaces
- Water heaters
- Electrical systems
- Plumbing systems
- Carpeting
And more.
The contents policy covers:
- Personal belongings, including furnishings, clothes, electronics, etc.
- Microwave oven
- Washer and dryer
- Portable and window AC units
- Valuable items up to $2,500 in value
- Non-permanent carpets
And more.
Flood insurance goes a long way towards replacing what you lost and is equitable. In most cases, you can expect a policy to replace a large portion of your loss, including your home and garage.
What’s Not Covered by Flood Insurance
A flood must result from a natural disaster, such as excessive rain or a hurricane. If a nearby construction project breaks a water main and floods your basement, it’s not covered by flood insurance.
Contact Us Today to Learn More About Flood Insurance for Kingwood, TX
At Boss Insurance Agency, we understand how devastating a flood can be, especially for homeowners. Call us today to learn more about flood insurance and let us get you coverage so you can have peace of mind.
