Flood Insurance in Ohio

Benefits of Flood Insurance in Ohio

Floods are one of the most common and costly disasters, and homeowners insurance doesn’t cover it, so it’s necessary to have flood insurance for such an occasion. You may be required to have flood insurance if you live in certain high-risk zones, but if you don’t live in a high-risk zone, it is still important to consider flood insurance in Ohio. More than 30 percent of claims come from properties that aren’t located in a high-risk flood zone. Flood insurance provides coverage for not only the home but also the contents of the house. However, there are limits to both. Flood insurance will cover the building you insure and the foundation, plumbing, electrical systems, built-in appliances, central air conditioning, water heaters and furnaces, and permanently installed carpet, along with possessions kept in the house.

What You Should Know about Flood Insurance

There is typically a 30-day waiting period from when you get flood insurance to when it goes into effect, so you aren’t able to purchase flood insurance as a storm is approaching and still be covered. Flood insurance will pay out regardless of whether there is a disaster declaration. Many other disaster assistances only come if there is a declaration, and it’s usually a loan that will need to be paid back. Flood insurance is one of the only ways to guarantee you get paid after a disaster. Flood insurance policies are continuous and aren’t canceled over time if not renewed as long as you continue to pay your premium.

Many communities in Ohio qualify for flood insurance, so speak with an agent at Associated Insurance Agencies, Inc. to see if you are eligible at one of our many locations throughout the state. Flood insurance can be purchased to protect homes, condos, residential apartments, and other commercial buildings. Renters can also buy flood insurance in order to protect business inventory or personal belongings. Flood insurance won’t cover any damage to vehicles, which are covered by auto insurance if there is comprehensive coverage in place.

Contacted Associated Insurance Agencies, Inc., serving Westerville, OH and residents throughout the state with over six offices, to get a quote on flood insurance.