Flood Insurance in Roseville, CA

Regardless of how well you maintain your property or protect it from natural disasters, certain incidents may inevitably have an impact. This may be particularly true when considering floods, which are among the most common natural disasters across the United States and cause significant losses to homeowners and businesses every year. Fortunately, you can protect yourself financially from these perils by understanding and securing suitable flood insurance.

What Is Flood Insurance?

Flood policies are true to its name by offering specialized coverage for property beyond the capabilities of standard policies. For example, standard homeowners insurance typically does not include floods as a covered peril, meaning that resulting losses would need to be paid out of pocket. However, by adding an endorsement to their policy or securing separate coverage, homeowners can rest easy knowing that even if floodwaters cause significant damage, they may receive aid for rebuilding and replacement costs.

How Much Does Flood Insurance Cost?

Like many types of insurance, the cost of a sufficient insurance policy may vary significantly and many factors can influence rates. In many cases, an insurance agency may consider the following criteria:

• Structural details (e.g., type of property, building materials used and number of floors)
• Location
• Lot details (e.g., elevation and proximity of insured structures to bodies of water)
• Estimated rebuild cost
• Value of insured contents
• Prior claims history
• Policy specifications (e.g., deductibles and coverage limits)

Where to Get Flood Insurance

Flood coverage can be purchased through the Federal Emergency Management Agency’s National Flood Insurance Program, as well as through a private flood insurance agency. While a majority of homeowners has historically used the former, the latter may offer greater customization options, including potentially being able to secure higher coverage limits.

Learn More

At S & G Mitchell Insurance Agency, we make it our mission to help those in the Roseville  area protect their financial interests from floods and other perils. Contact us today to learn more or to get a personalized flood insurance quote.