Flood Insurance in Texas

As its name implies, flood insurance protects your Texas home against floods. It is as simple as that. However, you need to understand that standard homeowner’s insurance does not cover flood damage. Although some standard homeowners’ insurance policies may cover damages caused by rain, none covers flood damages.

So, the question is, what differentiates an ordinary rain from a flood? As defined by the National Flood Insurance Program (NFIP) and adopted by David King Insurance Services LLC of Coppell, TX, one of the conditions below has to be met before it qualifies as a flood.

• There’s mud carried by a flow of water, leading to the presence of a river of mud
• There may be an unusual but fast accumulation of either surface waters or runoff waters, and it could be from any source
• Overflowing tidal or inland waters
• The water covers at least 2 acres of land that’s usually dry
• Water damages affecting at least two properties, which include your home

Defined factors determine the cost of flood insurance. If your home is located in an NFIP-designated flood zone, you’ll pay higher because the chances of a flood occurring are higher. On the other hand, if your Texas home is located in an area with low flood risk, you’ll pay a lower price, with other factors being equal.

The age of your home is sometimes considered because of the belief that older houses are more susceptible to floods. This is quite true. Modern architectural designs of homes now include flood prevention. Elevation of your home is a factor too. If your home is on the top of a mountain, the chances of water accumulating in your yard will be meager. In that same vein, homes that are built down in the valley are more prone to flooding.

Finally, the floor of your home matters. The lower the level in which your apartment is located, the higher the chances of the residence getting flooded. The apartment on the first floor is more prone to flood than the one on the second floor. It goes on like that.

For more information on flood insurance, contact David King Insurance Services LLC in Coppell, TX.