Jun
23
Why is Flood Insurance Not Included in My Homeowner’s Insurance?
Posted by Michael Allen under Flood Zones & Insurance
Flood insurance is not included in regular homeowner’s insurance because most people don’t live in places with high flood risks. It stands to reason that if your house is far from any bodies of water or places water rises into when floods occur, you should not be required to pay higher premiums to be covered in the unlikely (or impossible) event of a flood. It is for that reason that flood insurance is sold separately from regular homeowner’s policies.
