Flood Insurance in Littleton, CO
Floods are among the most common and damaging natural disasters and affect thousands of U.S. property owners annually. Heavy rains, rapid snowmelt, infrastructural problems and overflowing bodies of water can all cause excessive moisture to seep into your home, potentially leading to significant damage and extensive financial losses. With this in mind, understanding, acquiring and maintaining appropriate flood insurance should be a top priority.
Why Do I Need Flood Insurance?
Flood insurance is generally not included in standard homeowners insurance policies, making an endorsement or separate policy a potentially critical investment. Even if you are diligent in fortifying your property and maintaining appropriate flood mitigation measures, you may eventually need to manage the aftermath of one of these incidents, and lacking proper coverage could lead to devastating out-of-pocket costs.
How Much Flood Insurance Do I Need?
Not all coverage is the same. To ensure your finances and property are adequately protected, you may need to consider various options, including supplemental flood insurance or an excess flood policy. When assessing your options and selecting appropriate coverage, consider the following factors:
- Cost of rebuilding your home
- Valuable possessions you would need to replace
- Flood risk levels in your area
- Property details (e.g., elevation, grading and proximity to bodies of water)
Flood insurance can be a complicated subject, making it necessary to work with qualified insurance professionals like those at the Hammer Agency.
Who Provides Flood Insurance?
Flood insurance is often purchased through the Federal Emergency Management Agency’s National Flood Insurance Program (NFIP). Depending on your location, you may also be able to shop for private policies, which may offer higher coverage limits than NFIP options.
We’re Here to Help
Having served homeowners, families and businesses since 1999, the Hammer Agency has the knowledge and experience to help you assess your flood insurance needs and acquire optimal coverage. Contact us today to learn more.