Homeowners insurance vs Flood insurance
A lot of folks do not realize that their homeowner’s policy will not cover a loss due to a flood event. As a homeowner in Mobile or Baldwin County, you need to consider whether or not you need a flood policy in addition to your standard homeowner’s policy. The cost of flood insurance is a lot more reasonable than you think—so if you live in an area that is prone to flooding talk with your local insurance agent about purchasing a flood policy. Some people are misinformed and believe that they must live in a designated flood zone in order to qualify to purchase flood insurance—that is simply not true. I personally do not live in a flood zone but I carry flood insurance for added protection—and it’s very affordable. Please know that there is a thirty (30) day waiting period to get flood insurance once you’ve placed your order, so if you’re going to make that decision, you need to make it soon considering that we are now within the Hurricane season.