Living in Wisconsin, you’re probably aware that we have more than 10,000 lakes, and there are certainly a lot of them here is western Wisconsin.
It might surprise you to learn that flood insurance does not come standard with your homeowners’ insurance or other property insurance policy. Flood insurance must be purchased separately. Lillie-Couch Insurance can help you get flood insurance coverage through the National Flood Insurance Program (NFIP).
If you live in specified areas that have greater odds of flooding and have a mortgage, the federal law likely requires you to have flood insurance. Even if you’re not required by law to have it, your home could still be at risk, and it’s a good idea to have flood insurance.
Flood Insurance Coverage
Flood insurance covers the structure of your home and your personal property from flood damage. When it comes to property insurance and flood insurance, it’s important to note that there’s a difference between flood damage from a natural disaster and water damage from, say, a frozen pipe that busted inside your basement. It’s important to be aware of the various types of water-related damage and the kinds of insurance required to cover each.
Additionally, there is a 30-day waiting period before the coverage is effective. Exceptions are only made for certain conditions, such as in the case you have purchased a new home and the closing fewer than 30 days away.
National Flood Insurance Program
For the communities in the Clear Lak area to participate in the National Flood Insurance Program (NFIP), which is administered by the Federal Emergency Management Agency (FEMA), you don’t have to deal with the government directly, you can buy flood insurance coverage through Lillie-Couch Insurance.
Contact Us for Your No Obligation Flood Insurance Quote
Call us today to make an appointment or visit our local office in Clear Lake, WI, for a consultation with one of our experienced insurance agents. We can help you find the right coverage for your property and your flood insurance needs. Contact us now to get started!