Since floods in Jacksonville, FL can happen anywhere and anytime, you should invest in flood insurance from 925 Partners. Flood insurance protects your building and its contents when flood damage occurs. But like most insurance policies, your flood insurance has limitations and exclusions. Today, we highlight typical flood insurance exclusions.
Internal flooding
Flood insurance won’t cover internal flooding. For instance, flood insurance won’t come to your rescue if you have flooding because of leaky pipes or a sewer backup. Your home insurance should compensate you for leaky pipes, but when the sewer lines are blocked, only a sewer backup "add-on" can help.
Earth movement
If sinkholes or earthquakes damage your home, flood insurance won’t cover the damage, even if floods caused the earth’s movement. You will have to file a claim with your earthquake insurance policy for such damage.
Movable property
Your typical flood insurance will not likely cover damage to self-propelled machines like cars and aircraft. Check your car or aircraft insurance to understand whether it covers flood damage.
Additional living expenses
If a fire or hail damages your home, your home insurance can pay for additional living expenses in a temporary shelter until it’s repaired. "Loss of use" isn’t usually covered in a typical flood insurance policy. However, if you need this add-on to your flood insurance policy, you can talk to your insurance agent because some private carriers offer it.
Pro-tip: Most flood insurance policies have a 30-day waiting period. So, you may not be covered if anything happens within this period. To be safe, avoid the last-minute rush when buying a flood insurance policy. Always beware of the waiting period.
Flood insurance in Jacksonville, FL
Would you like to learn more about flood insurance? Please call 925 Partners today! Our sales agents will answer all your queries about flood insurance. We will also help you purchase coverage that suits your current needs.
