If you live in an area that’s high risk for floods, you may need flood insurance. The professionals at Armadillo Insurance Agency, serving Austin, TX, can help answer your questions about flood insurance, and we can get you a policy that will meet your needs. Having the right kind of insurance for your home is important, so if you need flood insurance, we can help.

1. Flood Insurance May Be Required For Your Mortgage

Some people are required to get flood insurance to secure their mortgage. If you’re buying a home, your lender should inform you if you need flood insurance to approve the loan. Ask your lender about this before you proceed with the purchase.

2. The NFIP Is Managed by FEMA

The National Flood Insurance Program is managed by FEMA, the Federal Emergency Management Agency. Most private insurance companies do not offer flood insurance with home insurance.

3. If You Need Flood Insurance, Your Normal Insurance Agent Can Help

Even though FEMA manages the NFIP, you can still get flood insurance through your regular insurance agent. You will need to get this in addition to your home insurance because flood insurance and home insurance offer different types of coverage.

4. Flood Insurance Can Help During Recovery After Flood Events

Even if you aren’t required to get flood insurance for your mortgage, you may choose to get flood insurance anyway. Flood insurance helps during the recovery after flood events. If you’re a homeowner who lives in an area where floods are common, or if you are buying a home in an area where there are frequent floods, you may need flood insurance.

Call Armadillo Insurance Agency, serving Austin, TX, today to learn more about getting flood insurance.