Those that are in the Sandy, UT area will find that owning a home is a great long-term decision. While this is a place that you will call home, it is also the most significant asset that most people will ever own. Because of this, you will want to know that you have the right insurance, which could include flood protection. There are various situations when you need flood insurance.
When Concerned About Flood Risk
A situation in which you will need to have flood insurance is when you are concerned about the risk of floods. If your home is an area that is susceptible to flood damage, you should have flood insurance as your home insurance plan likely will offer limited flood support. With flood insurance, you will have the coverage needed to cover flood damage.
Coverage is Required
You may also need to have flood insurance in this part of Utah as it could be a requirement. If you finance your home, the mortgage lender is going to run a flood determination report. If they determine that you have a heightened risk of flood damage, the lender will require that you carry flood insurance throughout the term of the loan.
When you are going to purchase a property in the Sandy, UT area, you will want to always have the right insurance. For many, this can mean having flood insurance. As you are evaluating your insurance options, the team with Christensen Insurance Group can help you determine if flood insurance is right for you. The team is able to do this by assessing your home and its location to see if you are at risk of flood damage. Christensen Insurance Group can then give the guidance necessary to get into your next plan.
If you have been told by your mortgage lender or even a local official that you need flood insurance, the idea might seem baffling to you. You aren’t even near a major river or water source, so why do you need flood insurance?
The answer in short? Life is unpredictable. Christensen Insurance Group, which serves Sandy UT,, knows this all too well.
Floods Happen Anywhere
Even if you are not near a river, a hurricane or other natural disaster could bring flooding to your area. Flooding may be linked to excessive rain, melting snow, or even construction down the street. In some cases, the failure of a dam to hold back water properly causes damage to local homes. Even areas that are not considered high-risk for floods experience them.
Floods Are Costly
Many people do not realize that very little flooding is required to damage your home and belongings. Even an inch of water can cause foundational damage to your home. Inside your home, an inch of water covering the floor can be devastating. Without flood insurance, you may not have a way to adequately cover the damage.
Your Homeowners Insurance Policy Is Not Enough
It is often not enough to get a homeowners insurance policy and expect it to cover flood damage. In fact, flood damage is often excluded from homeowners insurance policies. If this is a surprise to you, you should consider getting a new policy.
Do you want to know what kind of flood insurance is right for your home? If you live in Sandy, UT, contact Christensen Insurance Group for more information about policies that protect you.
Having Flood Insurance in Utah
Standard homeowners insurance does not cover flooding in general. Most homeowners in Utah will need to get insurance through the National Flood Insurance Program (NFIP), which an insurance agency can provide help with contacts.
Christensen Insurance Group in Sandy, UT can help you with flood insurance to stay protected in the event of a disaster. We will help you get the most out of your coverage and work with you to understand the types of policies and what they cover.
3 Reasons to Get Flood Insurance in Utah
There are some good reasons to have flood insurance in Utah, even though there is not a lot of annual rainfall. They include:
- Unexpected events such as water mains bursting and causing a home to flooding. This can be covered under flooding damage with the right coverage.
- Heavy snowmelt that leads to flooding in a home is another reason that may be overlooked for getting insured.
- An unexpected flooding event even in low-risk floodplain zones.
Do I Need Flood Insurance?
Typically, this is a personal choice though it may be required depending on the lending institution to have a mortgage and other factors. If you live in a high-risk flood zone, it is common sense to have some flood insurance.
Quality Insurance in Utah
Contact us at Christensen Insurance Group in Sandy, UT to schedule an appointment to speak with one of our agents about flood insurance policies. We have years of collective experience helping homeowners get the coverage they need to stay protected during times of disaster and loss. Our agents will work with you to craft a policy that fits your particular needs.
When it comes to owning a home, you have tons of questions that need answers to help you understand the limits of policy coverage. One question that many homeowners have is whether their home insurance covers damage resulting from wind-driven rain, or if that falls under flood insurance coverage.
If you have home insurance coverage in place, it will usually cover wind-driven water damage from a storm or a similar situation. Flood insurance covers typical standing water and the damage that occurs from that instance. In order to learn more about policy specifics, it is wise to work with an insurance agent who can help guide the policy purchase process and thoroughly explains the terms and conditions related to each policy, as well as the limits of coverage. Customers who have complete knowledge of their insurance limits can then decide if additional policies or coverage options are necessary to avoid gaps and offer complete protection.
Work With An Agent
If you are looking for a quality insurance policy that offers the right amount of protection, seek the assistance of an insurance agent from Christensen Insurance Group, serving the residents of Salt Lake City and Sandy, UT. We can work one on one with customers to ensure they are getting the options they need to protect their property. We can also help with any claims or changes to the policy over the course of time.
If you have questions about home insurance and want informative answers, call or stop by Christensen Insurance Group of Sandy, UT. We can help you discover the right products to provide total coverage and protection.