Most people associate floods with the rivers in the Mid-West, and Hurricanes in the spring. Unfortanetly, floods an happen year round, and have many causes. First, you need to understand the definition of a flood in insurance terms.
In regular terms, flooding is any situation where water accumulates on the ground where it shouldn't be. Overflowing rivers, tidal surges, and heavy rains are the most popular examples. Melting snow can also cause flood damage to your home that would be excluded from your home insurance policy. If the snow on the roof causes water damage, it could be covered by your home insurance depending on your policy. But if it is on the ground, then flood insurance might be the only way to recoup your damages.
The heavy snows that we have had, followed by the warmer weather and rains will increase the chance of flooding. 3 inches of water in your home can cause tens of thousands of dollars in damage that may not be covered by your home insurance. For less than $1 a day, you can get this valuable coverage in place. But act now, as there is a 30 day waiting period before the coverage starts!
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