Flood insurance is designed to cover damage to your home, dwelling, and personal belongings due to an overflow of water on land that’s usually dry. A standard homeowners policy will not cover damage caused by a flood. This is why flood insurance is purchased as a separate policy. Our team at Berks County Insurance is committed to helping Reading, PA, homeowners, and business owners get the protection/coverage they need by investing in flood insurance.
What’s Covered Under a Flood Insurance Policy?
Floods are the most common natural disaster in the U.S. As a result, it may make sense to invest in this type of insurance if you live in an area prone to flooding. Flood insurance provides coverage for your home or business, personal belongings, and even your car. This coverage covers your external and internal home or dwelling, including your electrical and plumbing systems. A typical flood insurance policy provides coverage for your home or business for up to $250K.
Flood insurance also provides up to $100K for personal items, including clothing, furniture, TVs, PCs, laptops, and any other personal items in your home or business. Even the clean-up after the flood is covered under a flood insurance policy. An additional $30K classified as "increased cost of compliance" charges is also available to meet state and local regulations to repair a property damaged by a flood.
Home and business owners who feel they may need more flood insurance can purchase additional coverage. Our team at Berks County Insurance can discuss your situation to determine how much flood insurance you need to protect your home, business, and personal belongings.