Flooding and water damage cost thousands of dollars annually tohomeowners and billions to insurance companies. These are among thetop causes for a homeowner to file insurance claims, withfloods listed as the most common natural disaster in the UnitedStates, according toFloodSmart.gov.
To protect your home from water damage, it's essential toidentify the potential risks for flooding.
Many homeowners mistakenly believe that they don't need floodinsurance due to where they are located or because they'venever experienced a flood before. As 2016 demonstrated, nothingcould be further from the truth.
Natural floods vs. other types offlooding
Most homeowners insurance policies do not cover flooding from a natural disaster.Any seepage or rush of water entering a home as a result of anatural disaster is a natural flood. This may be water from a flashflood when a nearby river overflows its banks or a levee breaks.Seasonal storms can cause inland flooding in some areas,hitting homes and producing significant damage.
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