Homeowner's insurance is a great way to cover your property in case of disasters like theft, fire, and hail. However, floods in the United States cumulatively cause billions of dollars of damage per year, and yet they are almost never covered by standard homeowner's policies. If you live in an area prone to flooding you may be taking an unnecessary risk by passing up flood insurance, which can not only protect the value of your home but your possessions inside as well. If you are planning to buy a home in a potential flood zone as designated by FEMA, your lender may even require that you maintain active flood insurance.
WHY FLOOD INSURANCE MAY BE REQUIRED IN THE GREATER CINCINNATI AREA
Many areas of Cincinnati are particularly vulnerable to flooding due to their low-lying landscape and proximity to bodies of water such as the Little Miami River. During extreme weather events, these areas can quickly become overwhelmed and massive damage can result.
FEBRUARY IS ONE OF THE WORST MONTHS FOR FLOODS DUE TO SNOW MELTS
Snow melt-offs can be particularly devastating and can trigger flash floods; the Ohio River has a documented history of reaching flood levels over the first half of the year. If the temperature rises too quickly following a heavy snowfall, a rapid thawing process can result in quickly rising streams and rivers. This is especially true in areas with high elevation, as the melting snow has nowhere else to go but downstream. If the precipitation continues in the form of rain following the melt-off, this can exacerbate the problem and catastrophic flooding conditions can ensue. Additionally, run-off from urban streets and other impermeable surfaces can feed into bodies of water, causing them to overflow their banks even more quickly.
HOW YOU CAN PROTECT YOURSELF
Flooding can cause massive damage to not only your possessions but also the support system and infrastructure of your home. Intelli Choice Insurance is in the business of providing peace of mind that you will be covered whenever disaster strikes.