Trusted Flood Insurance for Lenoir City
Whether you are a local resident of Lenoir City or a business owner in the area, the fact of the matter is that there is very little that can send a shiver up the spines of residents and commercial property owners quite like the threat of flood damage. And while it is possible to plan for flooding, the reality is that when a heavy rainfall or storm hits your home or business, it can be difficult to see light at the end of the tunnel.
However, by investing in tried and trusted flood insurance from the Agency Of McMinn County Farmers Mutual Insurance Co., Inc, you can rest assured that even in your darkest hour your home or business will be covered and protected from whatever damage it may face. Our vast experience in the insurance industry means that we are perfectly placed to tailor a package that is designed to best meet your home or business’s needs.
Debunking Myths About Flood Insurance
Like anything in life, a lie can often travel faster than the truth and this certainly seems to be the case when it comes to many people in Lenoir City’s understanding of flood insurance and what it covers and what it doesn’t.
While these inaccuracies may appear harmless, the fact of the matter is that misinformation is a deterrent for some individuals in Lenoir City from investing in flood insurance coverage for their home or business.
With that in mind, here are three myths that you need to steer clear of when it comes to facts about flood insurance:
1. My Homeowner’s Policy Also Covers Floods: The unfortunate fact of the matter is that a lot of folks are under the impression that their standard homeowner’s policy might also cover flood damage—unfortunately, in most cases, this is simply not the case. So, as a homeowner, if you want specific protection against flooding then you need to obtain specific flooding insurance. One other thing to keep in mind is that if you want flood insurance, it pays to think ahead as there is a 30-day waiting period between buying the coverage and when it comes into effect.
2. All Water Damage is the Same: When it comes to insurance, not all water damage is the same. So, for instance if the roof is torn off your home or business and the interior suffers water damage as a result then this will be covered under the homeowner’s policy. However, if a riverbank overflows and your home is stuck in the flood path, this is an entirely different situation and needs to be treated accordingly.
3. Flood Maps Don’t Change: Contrary to what many people think, flood plains and the maps that mark them change and evolve all the time. So, just because you weren’t in a flood plain when you bought your home doesn’t mean that this is still the case today.
Call Us Today
So, what are you waiting for? Call Agency Of McMinn County Farmers Mutual Insurance Co., Inc today and allow our skilled team to get to work on providing you with a premium insurance plan.