What Flood Insurance Covers

A flood can be one of the most destructive incidents that can happen to your home. While most people think that floods are only a natural disaster, they can also be caused by your own property. A burst pipe can cause thousands of dollars of damage to your home. Making sure that your home is properly covered can save you thousands of dollars in the unfortunate event of a flood.

Flood insurance will cover damage to your property, as well as damage to your personal possessions in the event of a flood. The parts of the property that are covered include:

  • The building and its foundation.
  • Electrical and plumbing systems of the building.
  • Central air conditioning equipment, furnaces, and water heaters.
  • Permanently installed paneling, bookcases, cabinets, and carpeting.
  • Window blinds.

Personal property that is covered by flood insurance includes:

  • Personal belongings, such as electronic equipment, furniture, and clothing.
  • Portable window air conditioners.
  • Washers and dryers.
  • Freezers and the food in them.
  • Portable microwaves and dishwashers.
  • Some valuable artwork and furs, up to $2,500.

There are also some damages that are not covered by flood insurance, such as:

  • Damage that is caused by moisture, mildew, or mold that could have been avoided by the property owner.
  • Living expenses related to temporary housing.
  • Property and belongings that are outside of the insured building, such as trees, septic systems, and decks.

Basements also have special limits to what is covered by flood insurance, no matter what flood zone they are in or when they were constructed. If water seeps into a basement, it is not covered by flood insurance.

To make sure you have the best flood insurance coverage in the Minnesota area, contact the insurance professionals at Mayer Insurance. They can help ensure that your property and personal belonging have the best coverage in the unfortunate event of a flood.