Making sure your Oviedo, FL home is protected means having insurance that covers you no matter what happens. In Florida, this means having a good flood insurance policy, which is something The Wurzel Agency specializes in.
Home Insurance and Floods
Most homeowners carry some form of home insurance. These policies cover damage to your home, the structures near your home, and more, ensuring you don't get stuck with a massive bill if something goes wrong. However, what many homeowners don't know is that the average home insurance policy doesn't cover many catastrophes.
Typically, a home insurance policy won't provide any coverage for damage that was caused by an earthquake or flood. This means that if you want coverage for these types of natural disasters, you'll need to purchase it separately from your standard homeowner's insurance policy.
Flood Insurance Requirements
While flood insurance is mostly an optional type of coverage, there are some situations where you may be required to carry flood insurance for your Oviedo, FL home. By law, when you have a home that's located in a high-risk flood area with a mortgage from any federally regulated or insured lender, you're required to carry flood insurance. You can find more information about flood zones and whether or not you're required to carry flood insurance on the FEMA website.
Even if you don't have a mortgage from a federally insured or regulated lender or aren't living in a high-risk flood zone, your lender may still require you to carry flood insurance for your Florida home to ensure they can recoup their losses if your home is damaged in a flood before you've finished paying it off.
The Wurzel Agency offers everything from home and auto insurance to flood, RV, and boat insurance. To learn more about how we can help protect your Florida home from floods, contact one of our agents today and get a quote.