At Saucon Insurance Agency in Bethlehem, PA, we offer many types of coverage, including flood insurance. Many homeowners have questions about flood policies, so we are providing answers. <\/p>\n
Flood insurance is a policy that covers your home and its contents in the event of a flood. A flood occurs when two or more properties, or two or more acres, of land that are typically dry are covered by water. <\/p>\n
No, homeowner’s policies do not cover floods. This is why a flood policy is important. Homeowners’ policies cover other perils, including fires, wind damage, and vandalism. <\/p>\n
If you are in a high-risk flood zone and have a mortgage, your lender will likely require you to have flood insurance. <\/p>\n
Most lenders don’t require you to have flood insurance if you live in a low to moderate-risk area, but you may still need flood insurance. <\/p>\n