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With the help of our team at Magic City Insurance Group LLC in Birmingham, AL can find high-quality insurance policies for many issues. For example, we can help people in low-risk flood areas find a reasonable policy that protects them from the possible but unlikely risk of serious floods.

Low-Risk Doesn’t Mean No-Risk 

The thing about a low-risk status is that it’s not necessarily a guarantee against getting flooded. With few exceptions, floods can potentially impact any home unexpectedly. After all, low risk doesn’t mean that your home is 100% safe from floods, particularly when in areas near dams and lakes. 

That unfortunate reality has taken many people by nasty surprise when their low-risk home is suddenly filled with water, and they have no flood insurance. Most home insurance policies won’t provide protection and require you to add an extra rider to get the protection you need.

Floods Aren’t Always Natural

While it’s true that many floods center around natural sources, such as lakes and rivers, that’s not always the case. For example, if your pipes burst in your basement (which can happen in various types in many homes), you’ll experience a severe and problematic flood.

That makes it critical for you to get a flood insurance policy. It can help protect your home in these strange scenarios and minimize damage risk. It can also ensure that you and your loved ones are protected from unexpected surprises that might happen at any time in a home.

Protect Your Home Today

It’s critical to do what you can to avoid flood damage by getting a strong policy from Magic City Insurance Group LLC. We can help Birmingham, AL residents in low-risk areas find a strong coverage option that minimizes any costs they may have to pay if a flood does occur in their home.

Flooding due to heavy rains or hurricanes is all too common. Unfortunately, suffering water damage to your home only to learn that your home insurance policy doesn’t cover flood damage is also common. As weather patterns shift and become more extreme, more and more homes in Birmingham, AL are being affected by floodwaters. In fact, more than 20% of the claims that the Federal Emergency Management Agency (FEMA) receives each year now come from areas historically considered to be moderate- to low-risk flood areas.

As such, it’s crucial that you understand the full extent of the risks in your area and plan accordingly. One of the best ways to do this is to purchase a flood insurance policy.

Common Situations Covered By Flood Insurance

Generally speaking, flood insurance covers damage to your home and belongings specifically caused by water. You can typically expect flood insurance to step when in situations where 

• Rain accumulates faster than it can drain
• A body of water overflows its banks
• Heavy rains cause a mudslide
• A hurricane produces a storm surge

When Additional Coverage Might Be Needed

Though flood insurance is a must for anyone living in a flood-prone area, there are some types of damage that are typically not covered under these policies. Fortunately, most home insurance policies cover some level of water damage such as that caused by burst pipes and leaking appliances, two of the most common types of damage not covered by flood insurance. 

Magic City Insurance Group LLC Is Here To Help

If you own a home in the Birmingham, AL area and are interested in purchasing flood insurance, give the team here at Magic City Insurance Group LLC a call. We have the information you need to find the right policy for you. Contact us today to learn more.

Owning real estate in the Birmingham, AL area can be a great idea. While there are benefits that come with owning a home here, there are risks that come along with it. One of the risks that you may face here is the risk of having a home damaged by a flood. One of the ways that you can protect against this is by getting flood insurance.

This type of coverage can be necessary in some situations:

Needed to Cover Home

A primary reason that people in the Alabama area will want to have a flood insurance plan is so they can cover their homes. When you are going to purchase a home, you will want to get insurance for it. As home insurance may not cover flood damage, an additional flood insurance plan could be a necessity. When you have a full flood insurance plan, you will be able to mitigate this risk. 

Meet Standards

It is also important to get a flood insurance plan so you can meet standards set by your lender. If you have a loan, the lender will run a flood search to see if your property is at risk. If it is deemed to be at risk, you may be obligated to carry a flood insurance plan through the term of the loan. 

Reach Out To Us

It is very important that all people in the Birmingham, AL area carefully assess their flood insurance needs. When you are looking for coverage, you can quickly find that it is confusing to assess and select a plan. Because of this, working with our team at the Magic City Insurance Group LLC is often a great option. Our team with Magic City Insurance Group LLC will give you any guidance you need to select a plan that protects you and your property. 

Many people think they don’t need flood insurance, but flooding certainly happens across Alabama. When you own a home, you need to have a flood insurance policy on it to protect yourself financially. If you don’t have a flood policy, call us at Magic City Insurance Group LLC in Birmingham, AL to find out more and to get a policy. 

The National Flood Insurance Program

One of the reasons that flood insurance is easy to get is that it’s backed by the National Flood Insurance Program and is available across the nation through this program. It’s guaranteed by this national program, so you can trust these policies. It can’t go out of business or close up shop if there are a lot of claims to it. It’s a trustworthy program that has meant a lot to those who have experienced flooding. 

Home Insurance and Flooding

Flooding isn’t covered by home insurance policies. There are many people who skip flood insurance because they assume their home insurance will take care of it. However, it won’t. You always need to have this coverage in case of a flood. Even if your area isn’t designated as a flooding zone, it can still become flooded. Among flood claims from homeowners, about 20% of them come from outside of areas that are designated as flood zones. That makes it likely that virtually anywhere in the area can become flooded when the weather is right. You may not be near a creek or river and can still experience a flood due to heavy rainfall. To make sure you’re protected, always keep a flood policy. 

Get Flood Insurance

When you own a home, you need flood insurance. To get a policy of your own, give us a call today at Magic City Insurance Group LLC in Birmingham, AL.