Reasons to Consider Flood Insurance

There are many reasons for homeowners to consider flood insurance.  At times throughout the year, photos of the results of floodwater can be seen in the media.  While the threat of flooding is real for many communities, not every home is at the same level of risk.  At Memorial Insurance Agency, our agents work with homeowners in the Houston, TX area to make the decision if flood insurance is protection that you need. 

Flooding is the biggest natural disaster that threatens US homes.  Yet home insurance policies do not cover flood events.  The financial impact of these events was brought to the attention of Congress in 1968.  Their response was to enact the National Flood Insurance Program (NFIP).  The program helps homeowners assess their level of risk and recover faster if their home is impacted by a flood. FEMA provides a tool that helps you define the risk level your home has.  If your home is at high or low-risk levels, the decision is easier.  Whether to ensure your home when it is at a moderate risk level will take more thought.  Your agent can help.  Consider this though, if you have a 1,000 sq. ft. home, 1 ft. of water causes $27,150 in damage on average.  These events can be financially devastating.  Also, renters can invest in flood insurance to protect their furniture and personal items. 

In the Houston, TX area, our team at Memorial Insurance Agency can help you decide if you can be better protected with flood insurance.  It provides broad coverage that is there when you need it.  Our website has some general information to get started.  Then come in to talk to one of our agents.  Protect your home and possession from the possibility of flood damage today.  Give us a call to get started!