Flood Insurance In Pennsylvania
Whether you are a homeowner, business owner, or both in Pennsylvania, there is a type of insurance that can protect your property from rising waters. At Milestone Insurance Agency, Inc., we want all of our clients to have the protection they need when disaster strikes. Below are the benefits of choosing flood insurance as a supplement to your initial insurance policies.
Protects Against Water Damage
Flood insurance covers all damages related to water. Whether it is from flash flooding in your area or a flood caused by a humanmade error in the neighborhood, the water starts at the foundation of the home and continues to rise through the property. All homes, sheds, or commercial properties in its path could be at risk of water damage. Without flood insurance, you could be financially responsible for covering these repairs. Since the water almost always spreads the length of the structure, each inch of water is estimated at around $25,000 worth of damage.
Structural & Property Protection
When your property is flooded by rushing waters or an excessive amount of water sitting in the same place, the foundation and walls across the home may need to be repaired. This does not include the amount of work that is required for pipes and other properties that may need to be replaced. Any appliances, furniture, and equipment that were exposed to flood waters will need to be replaced. The cost between replacing and renovations can be financially devastating for a homeowner or business owner without insurance.
Should I still get flood insurance if I am not in a flood zone?
In the past, flood zones were used to determine if flood insurance was necessary. Even if the location of your property is not in a pre-determined flood zone, there is always a possibility of the area succumbing to a flood at some point that is no fault of your own. Call our team at Milestone Insurance Agency, Inc. today to get the protection you need.