You may believe you don’t need flood insurance when you don’t live in a flood zone. However, this isn’t the truth. When you own a home, you need both home insurance and flood insurance for it, as home insurance doesn’t cover flooding. If you don’t have flood insurance on your home, no matter where in Colorado you live, give us a call at Maanen Insurance Group in Greeley, CO.

Understanding Flood Zones

Flood zones are areas that have been designated as being likely to flood at regular intervals. There are 50-year flood zones, for instance, that are expected to flood about every 50 years. Many different zones have various years attached to them. These areas are often near a body of water or are in areas where snow melt may cause flooding. However, all flooding doesn’t happen within these zones. Plenty of flooding occurs outside of any designated flood zone. About 20% of the flood claims that come in aren’t located inside a flood zone. This leaves anyone who doesn’t have flood insurance vulnerable to the high cost of repairs.

The Impact of Flood Damage

Flood damage can be extremely expensive to repair. Sometimes, all or part of a home is to be rebuilt. If you don’t have flood insurance, this can be not easy to pay for. It can lead to financial devastation for anyone who experiences a flood and doesn’t have the appropriate insurance. Every home could be vulnerable to flooding, so every home should have this coverage. Being without it could mean losing a home.

Securing Flood Insurance

If you don’t have flood insurance in place yet, it’s time to get started on a policy, and we’re here to help. Just contact us at Maanen Insurance Group in Greeley, CO.