Real Estate Watch – Berkshire Hathaway
Should I Have Flood Insurance?
We’re sure that everyone in San Diego County has heard from the news, friends, family, the internet, and almost any written publication that this is the year of El Niño. Are you prepared? There are numerous documents on the internet to explain how you should prepare for the rain and flooding that is expected. But what about flood insurance?
As far back as last summer we started hearing that El Niño was coming and to get prepared. But most people didn’t act quickly because it is difficult to know if the news is correct. Well, it’s here!
If you don’t already have flood insurance, we suggest you look into it as soon as possible. One of the most important things to know is that most flood insurance will typically take 30 days for the coverage to start. You can’t call when the rain is coming down and expect to get the coverage to start immediately. That’s why we suggest talking to your insurance agent right away.
Even as renters you should get flood insurance. Flood insurance typically covers anything you can think of inside the home. Most personal items, window coverings, refrigerators, etc. Flood insurance does not cover money, valuable papers, vehicles, or items that are outside the home.
There are many different policies all ranging in prices. It’s better to be safe than sorry. If you need a referral to a good insurance agent who can help, please feel free to give us a call. Ranked in the top 20 for transactions for all San Diego County Berkshire Hathaway HomeServices California Properties, we are your first and only call for all of your real estate needs.