Flood Insurance in New York

You might not think about it too much, but the flood is the costliest natural disaster for homeowners in the United States. It is also almost impossible to predict and prevent. Therefore, flood insurance is something that every homeowner needs to get to protect their home and belongings. It is also important to understand that flood insurance is necessary, not only for homes that are located in flood zones. There are many different causes of floods that can put any house in danger regardless of its location, including heavy rains, spring thaw, flash floods, and hurricanes. If you are a resident of the state of New York, and you are thinking of getting flood insurance, Genesee Valley Agency, serving Arkport, Caledonia, Odessa, Avoca, Dansville, Wayland, Candor, and surrounding areas, has prepared the list of things you should know about this type of insurance:

• Flood insurance is available not only for homeowners. People renting a home can also get flood insurance to protect their belongings. It can also be purchased by commercial property owners who want to protect their commercial building and the contents.
• There is a 30-day waiting period after you purchase a flood insurance policy before it goes into effect. Therefore, it is not recommended to wait until the rainy season to get one.
• Flood insurance does not cover everything. For example, it will cover the damage caused by rain, but it will not cover you if your home got filled with water as a result of rising bodies of lakes, oceans, and streams.

Residents of New York mistakenly believe that they do not need flood insurance because they do not live in a flood zone. However, floods can happen anywhere, especially when you least expect. Therefore, it is worth having flood insurance anyway. If you live in Arkport, Caledonia, Odessa, Avoca, Dansville, Wayland, Candor, or any other neighboring town, Genesee Valley Agency will be happy to help you to find perfect coverage. Do not hesitate to give us a call to discuss the options available.