Flood Insurance Explained

Did you know that floods are the most common natural disasters in the US? Floods are a constant threat to Americans. Even if you don’t reside in high flood-risk areas in Astoria, OR, you are susceptible to some danger or loss from a flood. Why? According to National Flood Insurance Program (NFIP), 20 percent of all flood claims filed emanate from low to moderate flood risk areas! 

Given these statistics, prior preparation for the possibility of a flood by understanding flood insurance is crucial. Are you concerned that your household is devoid of protection against flood surges? Please connect with our dedicated agents at Linda Dugan Insurance, who will assist you in acquiring proper flood insurance irrespective of your location.

Is flood insurance mandatory in Oregon?

Though flood insurance isn’t federally mandated in Oregon, your lender may still demand you to purchase flood insurance even if you reside outside the high-risk area. Since typical home insurance doesn’t protect you against floods, it’s a wise choice to buy flood insurance to protect your home.

What does flood insurance cover?

Flood insurance from NFIP covers your home up to $250,000 and contents up to $100,000. However, you can increase these limits by topping up your premiums. Flood insurance on the dwelling covers: 

  • Standard home systems like central AC, furnace, and electrical wiring
  • Wall, windows, doors, and roof
  • Built-in appliances such as refrigerator stoves and dishwashers
  • Permanently installed carpeting, wallboard, bookcases, and cabinets
  • Detached garages
  • Building and its foundation
  • Electric and plumbing system
  • Window blinds and shutters

Content coverage covers:

  • Furniture and movable floors
  • Portable and window air conditioners
  • Clothes washers and dryers
  • Curtains and window treatment
  • Electronics
  • Clothing
  • Curtains
  • Portable appliances like window air conditioners and microwaves.

If you own high-value items like art, silverware, and jewelry, it’s prudent to inquire from your insurer about additional riders or endorsements to enhance your coverage.

Flood insurance in Astoria, OR

Do you need help in finding a salient flood insurance policy that safeguards your dwelling and its contents from flood damage? Call or visit our offices at Linda Dugan Insurance and get comprehensive information about flood insurance.