What does Flood Insurance protect against?

Flood Insurance specifically protects against loss due to flood events and flood-related erosion. Floods can arise from various sources, including heavy rains, storms, or rapid snowmelt, and they can cause significant damage to homes and personal property. This type of insurance typically covers the physical structure of the home, including the foundation, and personal belongings that are damaged or destroyed by floodwaters.

The focus of Flood Insurance is to provide financial protection against the unique risks posed by flooding, which are not covered by standard homeowners' insurance policies. Understanding this distinction is critical, as many homeowners may mistakenly believe they are protected against floods under their regular home insurance, which is not the case.