Flood Insurance in Blythewood, SC
Responsible homeowners must account for various incidents that could damage their property and cause expensive financial losses, including floods. Flood insurance is a crucial safeguard for homeowners, offering financial protection against the devastating effects of flooding. By understanding this coverage, you can retain appropriate coverage for such situations. 
What Is Flood Insurance?
Flood insurance is a specialized form of coverage typically needed by most homeowners, as standard home insurance policies often explicitly exclude floods as covered perils. Flood insurance policies can often be purchased through the Federal Emergency Management Agency (FEMA) and its National Flood Insurance Program. Additionally, private insurers may offer more robust coverage options with higher policy limits.
What Does My Policy Cover?
By securing flood insurance and keeping up with your premiums, you can maintain a reliable financial shield against damage caused by heavy rains, overflowing bodies of water and other flooding incidents. In many cases, you may receive a payout after floods to assist with the following:
- Building repair expenses, such as if floodwaters damaged your home’s walls, foundations and plumbing systems
- Personal possession losses, including restoring, repairing or replacing the contents of an insured structure, such as furniture and electronics
- Cleanup costs, such as if you need to hire outside help to haul away debris or contaminated materials
Who Needs Coverage?
Given that most standard home insurance policies exclude coverage for floods, this type of insurance should be a top priority for most homeowners. Even those in relatively low-risk areas should not assume they’ll never need financial aid following an incident. Additionally, certain insurance-related requirements may apply, such as if you have a mortgage through a federally supported lender and live in an area identified as being at high risk of floods.
We’re Here to Help
Contact Chichester Insurance Agency Inc today to learn more about flood coverage options or to compare personalized quotes.