Results for tag: "Flood Insurance"

Flood insurance is a type of property insurance that covers losses and damages caused by flooding. It is designed to protect homeowners, businesses, and other property owners from the financial losses associated with flooding. Flood insurance is typically purchased as an add-on to a standard property insurance policy, and is often required by lenders when a property is located in a flood-prone area. Flood insurance covers losses due to water damage caused by flooding, including damage to the structure of the property, its contents, and any other associated costs. It also covers losses due to mudslides, landslides, and other natural disasters that may be caused by flooding. Some of the companies that offer flood insurance include Allstate, State Farm, Farmers Insurance, Liberty Mutual, USAA, and Nationwide. Show Less Read more