With climate change affecting weather patterns, many areas are experiencing greater rainfall and increased likelihood of flooding. Those who have homes in flood-prone places know of their need for flood insurance. However, flood insurance might also be a good idea for those who don’t live in places that are as likely to flood. Here are several reasons for you to consider flood insurance in Glendale, CA from Voi Insurance Solutions, LLC.
You Never Know What’s Going to Happen
Flooding by its very nature is unpredictable. While you may live in an area classified as low-risk for flooding, the Federal Emergency Management Agency states that over 20 percent of the claims filed with the National Flood Insurance Program are from areas classified as low-risk for flooding.
Flood Damage Is Costly and Not Covered by Homeowners Insurance
Just one inch of water in the typical home can cost up to $20,000 in repairs. Water can ruin flooring, electrical systems, drywall, and furniture. The hard part is that standard homeowner’s policies do not cover damages related to flooding. If your home is flooded and you don’t have flood insurance, you will be on the hook for the cost of repairing every bit of damage to the house.
Flood Insurance Is Relatively Inexpensive
The majority of homeowners do not live in flood-prone areas, and the insurance companies take that into account when pricing policies. If you live in an area that is unlikely to flood, adding flood insurance to your insurance package is likely to be relatively inexpensive. For a small amount each month you can have peace of mind to know that if a flood were to come to your area, you will not have to pay up if your home is flooded.
If you have questions about flood insurance in Glendale CA, contact Voi Insurance Solutions, LLC today.