Most Matthews, NC homeowners know about the importance of flood insurance. After all, flooding can occur just about anywhere and at any time in the Tar Heel State. However, it’s important to realize that not all types of flooding are covered by flood insurance. If your home floods due to a burst pipe or water leak, your flood insurance policy won’t cover the damage. For such instances, you’ll likely need personal property coverage and loss of use coverage.

Personal Property Coverage

A regular homeowner’s insurance policy typically includes dwelling coverage, which will cover the cost of repairing your walls, floors, ceilings, and other areas of the home that burst pipes and water leaks have damaged. However, you’ll need personal property coverage to cover the cost of replacing personal valuables such as electronics, furniture, and clothing. If your items are very valuable, you may want to have them appraised to determine how much coverage you’ll need.

Loss of Use Coverage

It takes time to clean up flooding in your home, identify the cause of the damage, and do needed repairs. Loss of use coverage compensates you for relocation expenses such as hotel and restaurant bills.

Contact JC Demo Insurance Group Today

JC Demo Insurance Group serves Matthews, NC, homeowners of all ages and walks of life. We offer various insurance policy options to make obtaining the coverage that best suits your needs and budget easy. Get in touch with us at your convenience to find out more about our policy options or to obtain the policy of your choice.