Flood damage claim, things you need to know

It is a common assumption between house owners that their home is covered by damages due to floods. But the fact is most of insurance companies do not cover loss due to floods damage. This shocks the house owner when they came to know that the policy they have does not covers flood damage claim.

Many people relate flood damage claim with water damage claim, but there is difference between the two.  Water damage means the damage which is caused by the internal faults like leaked roofs, water in basements etc. but flood damage is something which is caused by natural calamities. However government bodies like the federal emergency management association provides compensation if the affected building comes under floods zone. It must be confirmed from FEMA that your house will get compensation of damage caused by floods or not.

If your house come in a flood prone zone or its nearby sea shore, then flood damage cover becomes mandatory in your policy. It is always better to have a insurance which covers losses due to water damage as well as floods damage too.

Always keep in mind that whether the damage is caused by floods or it is just water damage, restoration process should be started without any delay. It is good to contact your insurance firm right after the damage occurs