Is Flooding Covered Under Home insurance?

Standard homeowners’ insurance does not provide coverage for damages related to flooding. It’s also imperative to understand the risk involved with flooding and weigh your insurance options to ensure that your home in Matthews, NC is fully protected.

Many residents of Matthews, NC assume that all-natural perils get covered by insurance, but this is not applicable when dealing with floods. Homeowners require to purchase separate flood insurance to cushion them from flood water damage. If you are designated in a flood-prone area or suspect that you live in a flood zone, it’s vital to buy insurance as early as possible because most flood covers come with 30 days waiting period. At JC Demo Insurance Group, we highly recommend homeowners in Matthews NC to purchase an additional separate flood insurance policy to cushion them when this natural disaster strikes.

What is covered by floods insurance?

The National Flood Insurance Program(NFIP) is responsible for providing flood insurance to many US residents. Though (NFIP) is owned and controlled by the federal government; you can buy a flood insurance cover through our JC Demo Insurance Group agents. Flood insurance covers the following damages according to NFIP:

  • Water heater, heat pumps, and central air conditioners.
  • Permanently installed carpets.
  • Staircases, anchorage systems, and foundation walls.
  • Permanently installed paneling, wallboard, bookcases, and cabinets.
  • Detached garage.
  • Solar energy equipment, fuel tanks, and well water tanks.
  • Appliances like refrigerators, inbuilt appliances like dishwashers, dryers, and washing machines.
  • Personal property like clothing, furniture, and electronics.

What is not covered by flood insurance?

Flood insurance covers damages that are primarily caused by flooding water. It is also crucial to put into account that the cause of flooding determines coverage. For instance, damages resulting from a sewer backup get covered if only the insurance company establishes that the back up resulted from direct flooding. According to NFIP, the following kinds of damages are not covered by flood insurance:

  • Damages resulting from moisture, mold, and mildew.
  • Damages as a result of earth movement.
  • Additional living expenses like temporary housing, building undergoing repairs, and an unoccupied house.
  • Property and possession outside an insured building like fences, hot tubs, patios, swimming pools, and septic systems.
  • Valuable papers, currency, and precious metals.

Are you a homeowner suspecting to be living in a flood-prone area in Matthews, NC? Feel free to call or visit our JC Demo Insurance Group offices for all your insurance requirements.

Common Myths About Car Insurance

Choosing and buying auto insurance coverage might not be an easy task, especially if you have never done it before. There are also plenty of myths and misconceptions that do not let you make an informed decision and get the policy you really need. In order to assist you, JC Demo Insurance Group serving clients from Matthews, NC and other surrounding areas has prepared the list of common myths about car insurance that have nothing to do with truth:

It Is More Expensive To Insure Red Cars

The truth is that if you a red car owner, you have nothing to worry about – you will not have to pay more for your insurance just because of the color of your vehicle. Insurance companies consider other factors, such as the type of your vehicle (its model, age, body type, and engine size) and your behavior as a driver. They also care about the safety features of your car, how much it costs to repair in case of an accident, and how popular the car is with thieves. 

It Is Enough To Get the Minimum Coverage

Unfortunately, in most cases, it is not enough to have the minimum coverage required by the state of North Carolina. The minimum coverage will not cover your personal injuries or the injuries of your family members. It will not even cover the damage to the vehicle completely. For this reason, in order to have proper protection on the road and peace of mind, you will have to have additional coverage. 

Older Driver Pay More For Their Car Insurance

It is not true. Actually, there are certain discounts available to older drivers. For example, drivers at the age of 55 and older are eligible for a discount on their premiums if they successfully complete an accident prevention course. 

If you are currently looking for proper car insurance in the state of North Carolina, JC Demo Insurance Group serving Matthews, NC is ready to assist you and help you find an insurance plan based on your needs and budget. Do not hesitate to contact our agency to discuss the available options.