I already have homeowner’s insurance. Why do I need flood insurance?

If you are a homeowner, you know the importance of having homeowner’s insurance from Premier Group Insurance. It protects against damage and loss caused by certain risks such as fire, theft, vandalism, etc. 

But what about flooding? Although flood damage is typically not included in typical homeowner’s insurance policies in the Lakewood, CO area, floods can still cause significant damage to your home and property. This is why homeowners need to consider purchasing flood insurance in addition to their existing policies.  

Flooding can occur at any time, often with little warning. Flood waters can rise quickly and cause substantial water damage to homes and belongings. In some cases, the damage may be so severe that it requires a complete rebuild of your home or property. That’s why it’s essential to have financial protection from unexpected flooding events. 

Flood insurance provides coverage for direct physical losses caused by flooding up to the limits of the policy you choose. It also offers coverage for additional living expenses if you are forced to evacuate due to rising water levels or other conditions related to a flood event. 

By investing in flood insurance in addition to your existing homeowner’s policy, you can protect yourself against significant financial losses should a flooding event occur on your property. Don’t wait until it’s too late – get coverage today! For more information about flood insurance, or if you want to explore getting a policy to protect your home, call us at Premier Group Insurance today. We proudly serve the Lakewood, CO area and would gladly help you find a policy that meets your needs.