Water Damage Prevention and What to do if water damage occurs.
==== ====For Great information and help for immediate water damage situations visit this link.www.waterdamagejacksonville.com==== ====You were woken up at 12 midnight by the sound of a hailstorm that smashes your windows,followed by a torrential rain that refused to stop. Before you knew it, your home has been coveredby damaging water. Will your insurance policy cover this loss? That will depends on the type ofinsurance you chose to purchase and how the water got into your home.There are basically two policies that deals with damage to your home due to water - a floodinsurance and a homeowners insurance policy. Losses not covered by one of these may beprovided for by the other. Planning ahead can help you know the losses to which your home couldbe exposed in order to decide whether to buy one or both of these coverage.Insurance cover differ in the coverage they provide from one homeowner to another. However,there are basic features common to all. You should talk to your insurance agent about thespecifics.FLOOD WATER INSURANCEA flood is an excess of water (or mud) on land that is normally dry. The National Flood InsuranceProgram (NFIP) defines flood to be a general and temporary condition of partial or completeinundation of two or more acres of normally dry land area, or of two or more properties (at leastone of which is the policyholders property) from:Overflow of inland or tidal waters;Unusual and rapid accumulation or runoff of surface waters from any source;Mudflow; orCollapse or subsidence of land along the shore of a lake or similar body of water as a result oferosion or undermining, caused by waves or currents of water exceeding anticipated cyclicallevels.Flood Insurance is a special cover that is federally backed by the NFIP and available forhomeowners, renters and businesses. A standard policy pays for direct physical damage to yourinsured property up to the replacement cost or actual cash value (ACV) of actual damages or thepolicy limit of liability, whichever is less. Generally, damage caused by water that has been on theground at some point before damaging your home is considered to be flood damage. A handful ofexamples of flood damage include:A nearby river overflows its banks and flows into your home.
A heavy rain seeps into your basement because the soil cant absorb the water quickly enoughA heavy rain or flash flood causes the hill behind your house to collapse into a mudslide thatoozes into your home.Flood damage to your home can be insured only with a flood insurance cover -- no otherinsurance will cover this damage. This type is available through your insurance agent, insurancecompany or local Federal Emergency Management Office (FEMA). To determine if your home islocated in a flood plain, contact your county planning office. If you are living in a flood plain, floodinsurance may be an excellent purchase.HOMEOWNERS INSURANCEA home insurance policy does not provide coverage for flood damage. It provides coverage formany types of water damage to your home. Just the opposite from flood damage, for insurancepurposes, water damage is considered to occur when water damages your home before the watercomes in contact with the ground. A few examples of water damage include:A hailstorm that smashes your window, permitting hail and rain free access into your home.A heavy rain soaks through the roof, allowing water to drip through your attic or ceiling.A broken water pipe spews water into your home.Even if flood or water damage is not covered by your homeowners insurance policy, losses fromtheft, fire or explosion resulting from water damage is covered. For example, if a nearby creekoverflows and floods your home, and looters steal some of your furnishings after you evacuate,the theft would be covered by your homeowners insurance because it is a direct result of the waterdamage. However, the flood damage would be covered only if you have flood insurance.Flood Insurance is usually sold and serviced by insurance companies, and backed by the FederalGovernment. More than 80 insurance companies sell flood insurance. In most cases, the sameinsurance company that sold your homeowners insurance policy can help you with your floodcover.It is up to you to talk to your insurance agent about flood and homeowners insurance, and thendecide which insurance coverage you need to protect your home, its contents and your family.You should get your flood water insurance quotes here.Article Source:http://EzineArticles.com/?expert=Shirly_Smith
==== ====For Great information and help for immediate water damage situations visit this link.www.waterdamagejacksonville.com==== ====