Flood Insurance in Texas

Although floods may not be the first thing that comes to mind when you think about Texas weather, the truth is that flash flooding is one of the biggest natural disasters for certain parts of Texas. Even a flood that does not last very long can cause much damage. Flood insurance is the best way to protect your financial security should you face flood damage. At Frederick Insurance, serving Austin, TX, and the surrounding areas, we are here to help you better understand this critical type of insurance coverage.

Flood Risks

Determining flood risks is an intricate, scientific process that does not always work. It is estimated that 25% of flood claims are generated in moderate to low-risk areas. It is also estimated that of the 8 million structures built within an established US floodplain, 3 million do not have flood insurance. Failing to carry proper flood insurance could result in disastrous expenses for you and your family.

Flood risks can be determined by talking with an insurance expert. They will be able to help you figure out the flood risks for your particular property and how much flood coverage would be appropriate.

Home Insurance and Flood Coverage

One of the main reasons that homeowners often do not carry flood insurance is because they assume it is part of their homeowner's policy. Most home policies do not cover damage related to a naturally occurring flood.

Lack of Insurance Equals Huge Consequences

The consequences can be devastating for those who fail to keep proper flood insurance. Even a short-term, intense flash flood event can create home damage. If this damage leaves your home uninhabitable, you and your family could face housing instability and steep financial obligations.

If you want to learn more about flood insurance or any other insurance services, don't hesitate to contact us at Frederick Insurance Agency, serving Austin, TX, and the surrounding areas.