A flood is an unpredictable and catastrophic event that can totally destroy your property. With flood insurance from Planners Insurance Group, you can obtain protection against this type of disaster. When deciding how much flood coverage to obtain for your Fort Worth, TX home, consider the value of your home and personal belongings. Here are a few tips on selecting flood insurance coverage.
Protection for Your Home
Flood insurance offers protection for your dwelling and personal belongings against the risk of flood disasters.
Dwelling protection should be enough to replace your home in case it is totally destroyed by floodwaters. Before choosing coverage, take time to assess the value of your home and what it would cost to rebuild, taking into account the cost of materials and labor in your particular area. This will give you a better idea of how much coverage you’ll need to rebuild your Fort Worth home in the event of a total loss.
Protection for Your Belongings
To determine coverage for your personal property, assess the value of your belongings. This is essentially the contents of your home to include furniture, clothes, electronics, appliances, artwork, sports gear, and other items. As some policies have limits on goods within certain categories, you’ll need to break down your belongings into categories to ensure you’re getting accurate coverage for your most valuable items.
You would do well to create a home inventory of your goods and document their value. This makes it easier to keep track of what you own. It can also help in determining how much flood protection to get for your personal belongings.
For more information about flood insurance or to purchase flood coverage, contact your insurance specialists at Planners Insurance Group. For your convenience, we serve homeowners in Fort Worth, TX, and surrounding communities.