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Water, water everywhere. It’s a homeowner’s nightmare. In fact, as little as one inch of water in a home can cause up to $25,000 in damage. An even bigger nightmare? Finding out your homeowner’s policy doesn’t insurance against flood. Spoiler alert: most don’t.

Flooding is often caused by North Carolina’s frequent hurricanes, so it’s a good idea to research flood insurance before the next season starts on June 1, 2021.

Flood insurance is a separate policy. Your mortgage holder may require it, especially if you are in a flood zone. (Check to see if you’re in a flood zone here.)

And don’t wait until you’re in the path of a storm to pursue coverage. Most companies have a 30-day waiting period before coverage takes effect.

As far as where to look for flood insurance, our first recommendation is to contact an agent here at Seagroves Insurance. Someone will be happy to help you assess your risk and advise on coverage.

There’s also the National Flood Insurance Program (NFIP), which is backed by the Federal Emergency Management Agency (FEMA), i.e. the government. This program offers coverage for your structure and contents. Most rates are standard, so you may find more variation with private carriers.

Have a question about flood insurance? Let us know in the comments or reach out to us here.