Flood Insurance in Texas
Whether you live in a designated flood zone or not, Texas residents should consider purchasing flood insurance coverage. Texas is prone to flooding in many different parts of the state. Beaumont is close to the coast in a part of southeast Texas that can be impacted by hurricanes and other tropical storms that spawn floods. Our agents at JD Insurance Group in Beaumont, TX know Texas and are uniquely qualified to work with you on flood insurance protection.
Isn't My Homeowner's Policy Enough?
Your homeowner's policy will not cover damage to your house brought on by weather-related flooding. Only special flood insurance protects you in that situation. Flood insurance is administered by the National Flood Insurance Program, NFIP. The experts at JD Insurance Group can help you gain access to this coverage.
Is Flood Insurance Mandatory?
If you have a mortgage on a home in a designated flood zone, the lender will likely require you to purchase flood insurance. It's important to note that flood insurance only covers the building itself. Homeowners need separate insurance coverage for the belongings inside the home.
Flood zones are also subject to change based on the changing landscape.
What Does Flood Insurance Cost?
There are several variables at work in the cost of a flood insurance policy. Flood risk, the value of the home, and the size of the deductible impact flood insurance premiums.
It's important to plan ahead when purchasing flood insurance. There is a 30-day wait for a policy to go into effect which means if the storm already has a name, it's too late to buy coverage before the rain starts.
Contact Us Today
If you are interested in purchasing flood insurance or simply learning more about it, contact our office today. The experts at JD Insurance Group in Beaumont, TX design insurance solutions that work for you.