Why Everyone Needs Flood Insurance

Floods are a common type of disaster that can cause an extreme amount of damage to a home. When you have been the victim of a flood, you will owe an enormous amount for repairs if you don’t have flood insurance. It’s recommended that everyone get this type of insurance to keep their home protected. It’s important to have this insurance no matter where you live. When you need flood insurance, we’re here to help. Just call us at Capital insurance in Spokane, WA.

Flood Insurance Backing

When you get flood insurance, it is sponsored and backed by the government’s National Flood Insurance Program. This program provides this insurance and makes sure that it’s fully backed. The program also sets the policy’s price so that it is the same no matter where you buy the policy. That’s great for everyone who wants to know that they have the best price for the insurance they get. 

Flood Insurance Claims

Most people only think about flood insurance if they live in an area that has been labeled as a high-risk zone for floods. When you live in one of these zones, you certainly need flood insurance. However, it’s also important to have this coverage when you live outside these zones. About 20% of all flood claims originate from areas that are not inside these zones. That’s a lot of flooding that happens in areas that aren’t considered at high risk. The National Flood Insurance Program recommends that everyone should have this coverage so that they are well-protected in case of floods. It’s important insurance for protecting your finances after a flood has occurred. 

Get Protection Against Floods

If you are looking to get a flood policy, we can help. Just give us a call today at Capital insurance in Spokane, WA to find out more.