Quote:
Originally Posted by jcvdd1
And I was told by my insurance agent; " no need for flood insurance in The Villages"! Glad I didn't listen.
|
Are you near any rivers, dams, streams or beaches? Likely you don't but if it makes you sleep easier it's well worth it for that alone.
More About What Qualifies as a Flood
As mentioned earlier, regular homeowners insurance doesn’t cover floods. So when is damage considered to be caused by a flood?
- Water has to cover at least 2 acres of land that’s normally dry, or has to have damaged two or more properties (one being your home).
Also, the water has to come from:
- Overflowing inland or tidal waters
- Unusual, rapid accumulation or runoff of surface waters from any source
- Mudflow (that’s mud carried by a flow of water, creating a river of mud)
You’re also covered when shorefront land collapses or sinks due to waters above “anticipated cyclical levels.”
Water and seepage that comes from sewer or drain backups, or a sump pump that overflows is not considered a flood.