If you live near water, you may have pondered whether to buy flood insurance. Knowing whether your property is at risk of floods, whether flood insurance is required, what your home insurance will cover, and how to get flood insurance can help you make important decisions that can affect your future. If you have questions about flood insurance, the professionals at Insurance Over Texas servicing Houston, TX can help. 

How Can You Tell If Your Property Is At Risk of Floods?

You can tell if your property is at risk of floods by checking federal flood maps. Just because your home is located near water doesn’t mean that your home is at high risk of flooding. Check with federal flood maps, which are found online, to decide whether your home is at high risk. If your house has a 1% (or higher) chance of flooding in a year, this is considered a high risk. 

Is Flood Insurance Required?

Flood insurance may be a requirement if you have a mortgage and you live in a high-risk flood area. If you don’t have a mortgage, then you may not be required to get flood insurance, but it’s still a good idea to consider it. Home insurance doesn’t cover floods, so if your home is damaged by a flood, having home insurance won’t help. 

How Can You Get Flood Insurance?

If you want flood insurance for your house, contact your trusted insurance agent at Insurance Over Texas servicing Houston, TX. Flood insurance is run by a federal agency, but you can get flood insurance through a private insurer. Call today to speak with one of our insurance professionals.