If you don’t have flood insurance, you risk having flood damage to your home, which is extremely expensive. Floods are one of the most damaging natural disasters and may even destroy the entire house. If you’re a homeowner, it’s essential that you have a flood insurance policy to protect yourself and your family. When you need flood insurance, we’re here to help. Call us at Harrison Insurance and Financials LTD in Hailey, ID to find out more and get started with a policy.

Flood Risks

There are a lot of people who don’t get flood insurance because they believe they’re not at risk. Certain areas are designated as flood zones. Most of these are near bodies of water that run the risk of flooding. These flood areas are usually given a rating of how many years are generally between floods in the area. People living outside those zones may believe they face no flood risk. However, that isn’t the case. Among the many claims each year for flood damage, about 20% come from outside any flood zone. This leaves just about anyone at risk for flooding.

The National Flood Insurance Program

Flood insurance is run by the National Flood Insurance Program. This federal program also backs the insurance and ensures it’s available in the event of flooding. With flood insurance, you don’t have to worry about the insurance company going out of business. You get federally backed insurance that is fully funded. Knowing that the finds will be there if you need them can give you peace of mind.