Flood insurance is a necessity in various parts of North Carolina, particularly if you are coastal. A flood is something that can happen very easily, even when there is not a storm going on. A flood can happen as a result of:

– Hurricanes

– Storm surges

– Broken water main

– Overflowing toilets

– Much more

You have to figure out a way to protect yourself of any kind of flood, so that it does not damage your home. The longer the water is there and the more water there is, the more damage there can be. You may lose furniture, damage carpet and drywall, and much more. If the water sits for too long, you also run the risk of your foundation being damaged.

Flood insurance will protect you so that you receive financial compensation to repair what is lost and damaged. Without it, you could be looking at spending thousands of dollars to replace furniture and repair your home. Depending on the level of damage, you home may not be livable until you make the repairs.

You cannot assume that homeowners insurance is going to cover a flood. In many instances, there is a clause to say that flood insurance needs to be separate. There are flood zones within North Carolina and if you are in one, your mortgage company will require that you have flood insurance in addition to home insurance.

Flood insurance needs to be completely understood so that you get the right level of coverage. At L&L Insurance, you can determine what level of coverage you need and whether you are going to protect against “non-flood” water damage as well – which has to do with overflows from a sump pump or a back up from a drain or sewer.

This will help you to protect yourself against all of life’s surprises and ensure that you aren’t paying for it all out of your bank account.