Flood Insurance Frequently Asked Questions

If you live in or around Houston, TX and own your home or business you should look into flood insurance for your assets because it is not included in common commercial or homeowner’s insurance policies. At Memorial Insurance Agency we meet people often who do not realize that their homeowner’s insurance does not cover certain situations such as a flood. We are happy to clear up common questions many customers have about flood insurance.

Flood Insurance FAQs

  • I don’t live in an area that is known to flood? Should I still purchase a policy? Yes, even if you are at a lower risk for a flood it can still happen from a variety of causes. Negate any risk to your assets with a simple policy add on. 
  • Does my homeowner’s insurance cover flooding? No, your homeowner’s insurance does not cover flooding in Texas, nor in most states in the US. But there are practices in place that make purchasing this insurance easy and affordable. 
  • What about flooding from within my home such as from a leaky pipe? According to the Texas Water Development Board In Texas, a “flood” is legally defined as a “temporary condition of partial or complete covering of two or more acres of dry land or two or more properties. This can be caused by an overflow of waters, mud-flow, rapid runoff, or collapse of land along a lake.” This means that your leaky pipe damage will not be covered under flood insurance, but may be covered by homeowner’s insurance. 

Contact us at Memorial Insurance Agency to learn more about flood insurance in Houston, TX. We will be happy to answer any questions you have about flood insurance, homeowner’s insurance, and other policies to fully cover your entire life.