Owning a home in Utah, or anywhere, comes with risk. The list of potential hazards associated with home ownership may seem endless, which is why there is homeowner's insurance available. The homeowner's insurance will cover expenses incurred from perils named in an insurance policy, such as fire or storm damage. It's very important for homeowners to know that homeowner's insurance does not cover loss of property resulting from a flood. Flood insurance for a home must be purchased separately, as its own policy.
The agents at Blue Valley Insurance are available to talk with homeowners about flood insurance. We can work with you to understand why you need flood insurance and how much you should purchase. Utah may not seem like a region of the country that would experience heavy flooding, but the weather can be unpredictable. Carrying adequate insurance coverage is vital.
We can help you understand how flood insurance works. Does flood insurance cover property loss I sustain only from floods related to weather? Does it also cover property loss related to flooding caused by burst pipes or malfunctioning plumbing? Does homeowner's insurance cover any type of flooding? These are common questions that many homeowners have and don't often consider until they suffer property damage related to flooding.
Federal Emergency Management Administration (FEMA)
All homeowners should be familiar with the Federal Emergency Management Administration (FEMA). We encourage all homeowners to visit FEMA's website. FEMA offers valuable tools and resources that are designed to educate the public about risks and hazards associated with natural disasters, including floods. On their website you can view flood hazards specific to the community that you live in. Flood maps are available to show high risk areas which correlate directly with insurance premiums.
We're available to talk to new homeowners as well as homeowners who are wondering if they have adequate coverage. We are prepared to answer your insurance questions related to your home. Please call us or come in to our office to speak with one of our agents.