Tag: flood

Your primary concern when you’re facing floods is that your house will be irreparably destroyed in the process. By securing a flood insurance policy, you can rest easy knowing that your property is protected. The problem? There are many caveats to flood insurance, and it’s important to know about exceptions and exclusions before you purchase just any flood policy on the market. For example, will flood insurance cover hardscaping and physical structures? We give you the rundown on what to expect with flood insurance. Once you’re confident enough to start researching options, you can trust us here at Anthony Lancaster Insurance Inc. in Memphis, TN, to take the next steps.  

Will Flood Insurance Cover Hardscaping, Physical Structures, and Other Outdoor Elements

Flood insurance is predominantly focused on covering your actual home. When it does cover outdoor structures, hardscaping, and other elements, it generally only covers a select few. A flood insurance policy might cover a detached garage as well as major built-in appliances situated outside of your home. It will likely not cover any hardscaping renovations that you’ve pursued, swimming pools, fences, septic tanks, and more. So, what should you do? The best way to prepare is to look for strategies to protect these outdoor elements against floods. To get even more protection, look and see if you can find a flood insurance provider who offers add-ons for the outdoor parts of your property. This way, you don’t have to replace everything out of pocket should a flood come and wash away or damage structures. 

Protect Your Property With Anthony Lancaster Insurance Inc

You don’t have to spend a ton of time trying to track down flood insurance providers, look at your options, figure out what fits your budget, and beyond on your own. With our help at Anthony Lancaster Insurance Inc in Memphis, TN, we’ll help you learn more about your options. Compare quotes or contact us now!

Flooding is an issue in Memphis, TN, due to its location on the Mississippi River. It’s a problem that’s as old as the city, and thousands of homes are at risk of flooding. It’s a good idea to get flood insurance to protect your home against water damage, even if you’re not near flood-prone areas. At Anthony Lancaster Insurance, Inc., we help our customers understand how this type of insurance works. Here’s a look at what it doesn’t cover. 

Flood Insurance Won’t Cover Everything

Basic flood insurance through the National Flood Insurance Program (NFIP) is limited to replacing certain items, including your home. However, it doesn’t cover the following:

• Valuable papers, precious metals, stock certificates, and money in the form of currency
• Vehicles
• Personal items stored in a basement
• External structures such as pools, decks, and septic systems
• Temporary housing costs and related living expenses during home repair

Understanding what flood insurance doesn’t cover can help you make plans to protect these items. You’re less likely to lose valuables when you have a contingency plan. 

Why Flood Insurance Coverage Is Limited to Certain Items

Some of your possessions are covered by their insurance policies. For example, your car is covered for flood damage as long as you have a comprehensive insurance policy. It’s worth noting that basic homeowners insurance will not cover any damage caused by flooding. 

Contact Anthony Lancaster Insurance, Inc. for More Information

Navigating flood insurance can be difficult. Our agents are here to show you what a policy does and doesn’t cover, and how it works when making a claim. Contact us to learn more and find out why it’s a good idea to get insured against flood damage. We’re currently serving Memphis, TN.