Flood Insurance

storm-420x315Buying Georgia flood insurance might not sound very important at this point of time. But frankly speaking, environmental disasters are completely unpredictable. It’s true that being residents of Georgia, people usually don’t see enough reasons to support the chances of any natural calamities like flood, but it’s also undeniable that nowadays weather is unsuitable for any early forecast. Places all over the world are witnessing unnatural climate shifts. The warm places that never used to get too cold have seen record breaking low temperatures recently. Rising numbers of storms and hurricanes are making big news across the world. So, by availing the benefits of flood insurance, a person basically gets prepared for the worst. In any case, it is very important to understand that the conventional homeowner’s coverage is not sufficient if someone wants to protect the home and the belongings from water damage. Therefore, before buying any flood insurance, it is important to clarify the insurance coverage policy well in advance.

What Georgia Flood Insurance Covers

Georgia flood insurance definitely makes some difference when it comes to getting the insurance coverage benefits. FEMA (Federal Emergency Management Agency) has the responsibility to make it sure that every people living in a flood-prone area have flood insurance. Even if the case is little different or a person lives in an area where flooding is a rare situation, a Georgia flood insurance policy can be a big part of his/her total coverage. Preventive measures should be taken for better protection. It can be seen that major numbers of flood insurance comes from the areas that have low to moderate flood risk. The overwhelming fact is that a typical flood insurance policy does not remain restricted to floods only, but also covers the damages that occur due to other natural disasters like storms, melting snow, inadequate drains or hurricanes.

It is also important to remember that a flood insurance floater can’t be added to an already existing homeowner’s policy. The ideal way is to purchase flood insurance through an insurer who is associated with the National Flood Insurance Program (NFIP). NFIP was established by the Federal Government to reduce the future flood damage. If a person resides in a community that participates with NFIP, it becomes very easy for him/her to purchase flood insurance. But there is a condition as well – a 30 day waiting period will be there before the flood insurance coverage actually becomes applicable.

What do not come under Georgia Flood Insurance Policy Coverage?

Any damage to a home that occurs due to high winds or hail does not come under the flood insurance coverage. But options do not end here. To get protection from these types of dangers, a person can opt for the add-ons that can be added to the conventional homeowner’s policy. Another important aspect – a basement that is flooded during a storm may not be eligible to get insurance coverage. Despite the few limitations, flood insurance is still considered as the best option to protect the basement from of a flood. Higher value items like furnaces, hot water heaters, stairways and other appliances are usually covered by the Georgia flood Insurance. Again, walls, floor, ceilings of a basement are not covered. It goes without saying that a person should add flood insurance plan to an existing coverage if he/she is at greater risk of flooding.