No matter how it occurs, water damage can become a stressful and even expensive problem in Inlet Beach, FL. However, insurance companies don’t typically consider flood damage and water damage the same. Dune Lakes Insurance offers flood insurance, but we also want people to understand how insurance works regarding water damage.

The Fine Distinction Between Flood and Water Damage

Generally, flood damage requires water from an external source. In contrast, water damage that isn’t flood damage will typically come from an internal situation. Consider the difference between burst pipes and faulty appliances and contrast that with hurricanes and flash floods.

The National Flood Insurance Program also has a specific definition of what constitutes flood damage. Nevertheless, the fine distinction is only that. Water damage can occur from external sources such as rain, snow, and more general storms. Most homeowners’ policies will have provisions for more mundane damage that comes from water.

Why You Need Flood Insurance as Well as Home Insurance

There’s a reason flood insurance works as a separate coverage option. Whether you’re required to have flood insurance or not, it’s essential to consider where you live and the likelihood of flood events occurring.

It’s possible for a flood event to trigger other water damage situations in or around your home. If you have the right home insurance policy and flood insurance, you’ll have the most protection you can from such events. If you only have one type of insurance, you may have to deal with many out-of-pocket costs.

Devastating financial and personal losses can come from any flood event, so it’s a good idea to look at what a flood insurance policy can help protect against on your behalf. If you have questions about flood insurance in Inlet Beach, FL, or want to know what types of water damage a home insurance policy can help, contact us at Dune Lakes Insurance today.