![]() Even if you live outside of a high-risk area, your lender may still require you to have flood insurance. Additionally, people living in Special Flood Hazard Areas (SFHA) with a government-backed mortgage are required to purchase flood insurance. Lenders usually require flood insurance for properties in flood zones. This type of coverage is often required if you: If you live in an area that is considered high-risk for flooding, you should purchase flood insurance. Vehicles damaged by flooding (comprehensive car insurance typically covers this).Living and/or lodging expenses if your house is uninhabitable during repair.Mold and mildew that could have been avoided.Property outside of your house’s base foundation, including decks, patios and pools.Damage caused by pipe bursts (your homeowner’s insurance policy may cover broken pipes).Valuables such as jewelry and artwork (up to $2,500).ĭamage not covered by NFIP flood insurance includes:.Washers, dryers, portable air conditioners and other appliances.Well-water pumps and tanks, solar energy equipment and fuel tanks.Ĭontents coverage will protect the following:.Cooking stoves, refrigerators and built-in appliances. ![]()
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