Flood Insurance Policy: Tool to Estimate Flood Damages to your Home

With the recent extreme weather condition that battered the country a lot of homeowners have to deal with flooding. Officials from the Federal Emergency Management Agency have repeated over and over, pitching flood insurance to homeowners.

If your house got flooded, usually there is a 30-day waiting period on most flood insurance policies, so you should really have one in place already. If you’re right on the water and you don’t have a mortgage, you should probably get flood insurance to cover yourself.

You should also make sure that your policy is rated properly, if your policy is not rated correctly and an adjuster find it out, you could have your claim adjusted to pay back for insurance that you should of been paying for, so double check with your insurance agent to make sure that you are rated properly.

All it takes is a few inches of water to cause major damage to your home, your appliances, and other contents.

If your home got flooded you can use this tool to estimate the damage caused by the flood inch by inch:



Also check "What does Standard Home Insurance cover?" and "Flood Insurance Policy"

Flood Insurance Policy

Storm and hurricanes happens, and flood damage can happen to anyone specially if you are located near coastlines. Most insurance compay offer flood insurance through National Flood Insurance Program (NFIP).

National Flood Insurance Program (NFIP) this program let property owners to purchase insurance protection from the government against losses from flooding. This insurance is designed to provide an insurance alternative to disaster assistance to meet the escalating costs of repairing damage to buildings and their contents caused by floods.

If you live in certain areas with greater odds of flooding and have a mortgage, federal law may require you to have flood insurance. But even if you’re not required to have flood insurance your home and properties could still be at risk.

Flood Insurance Coverage:

Flood insurance covers the structure of your home and your personal property from flood damage.  However, regular water damage and flood damage can be separate, specific conditions when it comes to property insurance.

Most flood insurance policies require a 30-day waiting period before the coverage is effective. 

Impacted By Recent Storms?

If you need to report a claim from Geico or follow up on one you've already submitted, use online claims (http://www.geico.com/claims/) center or call anytime at 1-800-841-3000.

Visit Geico catastrophe center (http://www.geico.com/claims/catastrophe-center) for other storm related information.