Floodwater can be one of the most costly damages that affect homeowners in Texas. Yet, it’s not covered by a standard homeowner insurance policy. Instead, people are left to either choose a government program or find private flood insurance in Texas that provides enough coverage. Let’s take a look at private insurance.
Policy Advantages for Homeowners
After a big storm, the last thing any homeowner wants to find out while standing in inches of water in their home is that their insurance doesn’t cover flood damage. However, that’s exactly what happens in some cases. When a hurricane blows through your home in Texas, you want to make sure you are prepared for the worst, which can come out to around $26,000 in property damage according to the information provided by Transparity Insurance. The right insurance can help you cover:
- Your house
- Items in your house
- Repairs needed after damage
- Living expenses during repairs
Get Your Coverage Early
Make sure your house is covered with private flood insurance in Texas before a storm arrives. Most policies take 30 days to be fully in effect, which is why early preparation is key for flood insurance. So if you live in a flood-prone area in Texas, you need flood insurance to protect you and your home.