Flood Insurance: What Is And Isn’t Covered

November 27, 2020

In addition to your homeowners insurance Tampa Florida, flood insurance is available through HH Insurance to homeowners, renters, condo owners/renters, and commercial owners/renters. Costs vary depending on how much insurance is purchased, what it covers, and the property’s flood risk. Most homeowners in a moderate-to-low-risk flood area are eligible for coverage at a preferred rate, which can start at around $119 per year through The National Flood Insurance Program (NFIP).  If you live in a high-risk flood area, on the other hand, a standard rated policy is the only option for you. It offers separate building and contents coverage. If your home is in a high-risk flood area and you have obtained a mortgage through a federally regulated or insured lender, you are required to purchase flood coverage. HH Insurance is here to explain to you what is covered and what isn’t covered if you are interested in purchasing a flood insurance policy in addition to your homeowners insurance Tampa Florida.


What Is Covered:

  • Essential Systems In Your Home – This includes any pumps or tanks, in addition to electrical and plumbing systems, furnaces, hot water heaters, HVAC systems, heat pumps, and sump pumps. 
  • Appliances – This includes all kitchen appliances like ranges, dishwashers, refrigerators, and freezers, and even covers the food inside of them. Other appliances like washers, dryers, and portable window air conditioner units are covered as well.
  • Window Treatments And Carpeting – Blinds, curtains, and window treatments are covered, as well as all permanently installed carpets.
  • Detached Garages – You can use up to 10 percent of your total building coverage toward your garage, but that amount will be subtracted from the total amount of building coverage available to you.
  • Personal Property – This includes any clothing, furniture, and electronic equipment as long as it is not stored in the basement of the home.
  • Valuables Up To $2,500 in value, like original artwork and furs. 


What Isn’t Covered:

  • Damage caused by moisture, mildew, or mold that could have been avoided by the property owner.
  • Damage caused by earth movement, even if the movement is caused by flood.
  • Any additional living expenses accrued while the home is being repaired or is unable to be occupied. 
  • Property and belongings outside of an insured home, such as trees, plants, wells, septic systems, walks, decks, patios, fences, seawalls, hot tubs, and swimming pools.
  • Vehicles and cars.


HH Insurance

Typically, there is a 30-day waiting period from the date of purchase before your new flood policy goes into effect. That means now is the best time to compare the cost of flood insurance and invest in the right policy to keep your home protected! Call HH Insurance today to add flood insurance to your current homeowners insurance Tampa Florida policy.