But standard homeowners insurance does not cover flood losses. Here are some tips and ideas that may help you decide if you need flood insurance.
- You must to live in a community that participates in the National Flood Insurance Program. Contact your local agent to see if you live in one of those communities.
- Ask your agent if you live in a floodplain. You may also check online at www.floodsmart.gov and select "What's your flood risk?" Just enter your home address and you will know if you live in a low, moderate or a high risk area.
- Policies take 30 days to become effective. Do not wait to purchase coverage till you have a flood alert.
- Be sure to discuss your options with your agent before making a final decision.
