Why Would I Need Flood Insurance?

The difference between a flood versus water damage has to do with the actual definition of the event itself.  If the damage is caused by natural causes, such as a flash flood, hurricane, or rain event, it is considered a flood.  If the damage is caused by a plumbing or machine failure, it becomes water or sewer back up.  There are exceptions to this rule that you could talk through with your insurance agent.  However, all insurance companies will deny a flood claim on your homeowner’s policy as it is not a covered peril.  Bottom line, to fully protect your home or building, a separate flood policy would need to be purchased.  Reach out to your team at Assurance Brokers for a flood quote anytime.