If you own a home in the area of Inlet Beach, FL located in a federally designated flood zone, it is essential to understand what will be covered by your flood insurance policy.

What Will Flood Insurance Cover?

Flood insurance is provided to cover a home’s contents and/or the home’s structure. According to the insurance professionals at Dune Lakes insurance, flood insurance for the contents of homes located in and around Inlet Beach, FL includes the following –

• Heating units & water heaters
• Stairwells, foundation walls with the anchoring system
• Plumbing and electrical systems
• Built-in appliances like a refrigerator, dishwasher, and stove
• Wall to wall carpeting permanently installed
• Permanent built-in cabinets or bookcases
• Window treatments like blinds
• Detached garage units
• Equipment for solar energy
• Pumps and tanks for well water
• Fuel tanks.

What will Flood Insurance NOT Cover?

The primary way to determine if flood insurance will cover a loss event is to determine the cause of the flood.

Flood coverage includes those losses caused by an excess of water on property that –

• Is typically dry
• It impacts more than 2+ acres of land and more than one property.

This flooding definition expressly excludes damage caused by excess water caused by a sewer backup, or broken water heater, for example.

In general, the following items would NOT be covered by flood insurance –

• Financial losses due to business interruption
• Temporary housing expenses for a home that cannot be occupied until repaired
• Property that is located outside the insured building. This includes decks, hot tubs, fences, and pools
• Personal property that was stored below grade in the home’s basement
• Cars, motorcycles, and any self-propelled vehicle
• Stock certificates, currency, or precious metals

If you have additional questions regarding what is covered by a flood insurance policy, reach out to the insurance professionals at Dune Lakes Insurance.