Considering the entire state of Rhode Island has been hit by inches upon inches of rain the past few months, your property may have suffered by various kinds of water damage. If you have had any flood damage in RI in the past few weeks, you may be thinking to yourself, “should I get flood insurance?”.
It all depends! Here are the reasons why you should get flood insurance:
Get Flood Insurance
Your Mortgage Company Requires It
A lot of mortgage companies will assess the risk of a flood at your home and require you to have flood insurance for your property. This will protect them in the event that you do suffer property damage from a flood in RI and are unable to pay for the damages out of pocket. You would then file a flood insurance claim to fix your home.
Your Home Is Commonly Hit by Flood Damage In RI
If you have noticed flood damage at your home in the past, it will more than likely happen again. Now is the time to purchase a policy before you have to pay out of pocket for future damages! Then, in the unfortunate event that you are affected by flood damage in RI, one of our public adjusters will be more than happy to ensure you get paid all the money you need to restore your home back to pre-loss conditions!
You Live in A Flood Zone
If you live in a flood zone, you absolutely need to purchase a flood insurance policy in RI. This will protect you from constant flood damage that you may have at your home.
But What If…
You Do Not Typically Have Flood Damage In RI
You Do Not Live in A Flood Zone
Even if you do not live in a flood zone, it is important to get flood insurance in RI since any of the above scenarios can happen. Typical homeowner’s insurance policies do not cover things like groundwater damage and can be extremely expensive to pay for out of pocket.
You Live in An Apartment
Most of the time, your landlord will have flood insurance in which you are covered under, but you should still get flood insurance. Most companies will offer contents only flood insurance in the event that your personal belongings in your apartment are damaged from a flood-related incident.
Flood Damage Insurance Claims
If you did purchase flood insurance and recently had flood damage in RI, give us a call! We will come out to your property to assess the damages and work to get you the most money for your flood damage insurance claim. Fill out the form here or call us at 401-724-9111 for a free, no strings attached consultation.
If you have not purchased flood insurance and need a recommendation on where to buy it, we recommend Lapointe Insurance.