Floods. They aren’t something that everyone thinks about, and luckily they aren’t something that happens on a constant basis. But when they do occur, they can quickly cause significant damage to your home. It doesn’t have to be a major catastrophe to bring flood damage to your Pacific Palisades, CA home, either.
In fact, most floods are caused by minor events like heavy rain, poor roofing, burst pipes, and more. And just a couple of inches of standing water can cost tens of thousands of dollars in damages – tens of thousands of dollars that you’ll have to pay for out of pocket if you don’t have good Pacific Palisades, CA flood insurance.
What Your Existing Policy Doesn’t Cover
Most homeowners in Pacific Palisades, CA are surprised to learn that their existing homeowner’s insurance policy may not cover flood damage. In fact, most standard policies don’t include this as coverage.
Instead, you’ll have to purchase Pacific Palisades, CA flood insurance separately. These policies provide you with money to pay for the repair costs after a flood damages your home. They may also provide payment for any work that you did to the home in preparation of the flood itself.
If you’re located in an area that is deemed to be a significant flood risk – something that some properties in Pacific Palisades, CA are – you may be required by your mortgage company to carry flood insurance. For those outside of high risk areas, you will have the option of adding insurance coverage to your policy or buying a separate policy.
The key thing to remember here is that you’ll want to find a policy that matches your specific needs, goals, and budget. Otherwise you may not get sufficient coverage.
You Don’t Have To Live By Water To Be At Risk
Flood damage isn’t’ something that is limited just to those who live beside Pacific Palisades, CA bodies of water. Just a few inches of water are all it takes to cause significant damage within your home, and floods can happen suddenly. Some cases include:
- Leaking or burst pipes
- Appliance problems
- Poor grading
- Heavy rain
- Leaking roofs
- And more
Protecting your home is a must, and buying good Pacific Palisades, CA flood insurance is the best way to make sure that you’re safe from anything that the world can throw at you.
Getting Your Flood Insurance
Flood insurance isn’t always easy to buy. But our team works with numerous companies to match our clients up with a policy that works best for them, their needs, and their budget. We work hard to make sure you get exactly the policy you deserve. If you’re ready to find out more, we’re ready to help. Contact Panorama Insurance Agency today to learn more about how we can help you and to get your free initial quote for a flood insurance policy you can depend on.