How much flood insurance do I need?

Floods are one of the most common and costly disasters in the United States, and having proper flood insurance is essential for protecting your home and valuables. Whether you live in an area that’s been prone to flooding or not, it’s important to make sure you have the right amount of coverage. The first step is to determine how much flood insurance you need. At Client First Insurance Solutions, we help Americus, GA area families find the right policy for them.

How much flood insurance do I need?

Your lender may require you to purchase a certain amount of coverage if your home is located in a high-risk flood zone, but even if it’s not, it’s still a good idea to get some coverage. The National Flood Insurance Program recommends that homeowners get at least $250,000 worth of property coverage and $100,000 worth of contents coverage. This should cover the cost of repairing or replacing your house and its contents if they are damaged by a flood. 

If you own additional properties such as vacation homes or rental properties, consider getting enough coverage for them as well. With some policies, an additional 1% – 5% increase in premium can double the amount of coverage on a separate structure such as a detached garage or shed. It’s also important to note that standard homeowner’s insurance does not typically cover damage from floods, so be sure to purchase separate flood insurance if necessary. 

Give Us A Call

Before purchasing any type of insurance policy for yourself or your property, make sure to do your research and understand exactly what is covered and what isn’t. And when it comes to flood insurance, be sure to get the right amount for your needs – it could end up saving you time, money, and hassle down the line!  For more information, call us at Client First Insurance Solutions today. We proudly serve the Americus, GA area.