Floodwaters that are occur in Katy Texas are powerful enough to damage your home, sense of security and financial future. Flood losses are not covered by your homeowners insurance policy. So how can you protect your most important investment from floods?
Standard Texas Flood Insurance applies to homes, condominiums, mobile homes, rental homes, or business property located in Special Flood Hazard Areas. This insurance is also offered to properties in low to moderate risk zones that do not meet the requirements for a Preferred Risk Policy, including non-residential and five plus unit buildings. If the criterion is met, coverage is obtainable for your building and personal property. Depending on your area, flood coverage cost may be high or low.
Many homeowners don't realize that Flood losses are not covered by standard home insurance policies. Floods and water damage have the potential to dramatically impact your financial future and sense of security. If you live in an area that experiences frequent hurricanes and harsh storms, this can be potentially devastating financially. At Texas Insurance agency, our agents know that floods can happen suddenly and without warning. We can help you protect your home and family from disaster.
The problem with assuming the government will help you recover your life after a disaster is that Federal assistance is only available if the President formally declares a disaster. Even in this case, the assistance usually comes in the form of a loan you have to repay, with interest.
When disaster assistance isn't offered, and you don't have flood insurance, the responsibility of covering the damage costs falls to you, the homeowner. Our agents can help you protect yourself before an emergency happens, because if you're looking for secure protection from financial loss due to flood damage, Federal disaster assistance may leave you stranded.
When disaster strikes, flood insurance policyholder claims are paid even if a disaster is not federally declared. Flood insurance means you'll be reimbursed for all your covered losses. It's important to note that flood insurance policies take 30 days to become effective. So, if the weather forecast announces a flood alert for your area and you go to purchase coverage, it's already too late. You will not be insured if you buy a policy a few days before a flood. With Flood Insurance from Texas Insurance Agency, you can get Building Coverage, Contents Coverage and Replacement Cost Coverage.
Building Coverage is designed to protect the structure of your home or business. Above-ground appliances and other items of property are considered to be part of the building, such as central air conditioner units, walk-in freezers and refrigerators, and permanently installed fixtures.
The structure of a building is not the only thing that can suffer damage and losses when a flood strikes. You can get coverage for your personal property as well. Your personal belongings help make your place of residence a home. Coverage of personal property can include furniture, clothing, portable appliances, carpeting, and washers and dryers
Replacement cost is the amount it would take to replace or rebuild your home or repair damages with material of similar kind and quality, without deducting for depreciation at the immediate time of your policy purchase. This coverage is designed so, as a homeowner, you will not have to spend extra money make repairs.
Not all flood insurance policies are the same, so be sure to talk to your insurance agent to make sure you have the right coverage for your needs. Our qualified insurance agents are ready to answer your questions and match you with the best policy for your unique needs.
Katy, Texas now holds one of the newest Texas Home Insurance Agency locations. Our agents know that every home and family is unique.This historic town is located just outside Houston city limits. It started as a wide open prairie, and first began settling in 1895. The town was formally incorporated 50 years later. Katy is known for being a family friendly community and has also played a major role as a rail hub, a rice farming and agricultural center, and one of the largest gas fields in this part of Texas. We strive to create a lasting relationship with our Katy Community and gain trust through our commitment to excellence.