Flood Insurance vs. Homeowners Insurance: What’s Actually Covered?

Many Florida homeowners assume their standard policy covers flood damage, only to find out too late that it doesn’t. It’s essential to understand the difference between flood insurance and homeowners insurance, as well as what each policy includes.

What Does Homeowners Insurance Cover?

Homeowners insurance is designed to protect your home and belongings from various risks, such as fire, theft, windstorms and certain types of water damage (like a burst pipe). However, standard homeowners insurance policies usually do not cover damage caused by flooding from rising water or storm surge. This is a common misconception that can leave homeowners vulnerable, especially in flood-prone areas.

What Does Flood Insurance Cover?

Flood insurance is a separate policy that may cover losses caused by flooding, defined as water entering your home from outside due to heavy rain, storm surge, overflowing rivers or hurricanes. In Florida, where flood zones are common, this coverage can be essential. Flood insurance may cover:

• Structural damage to your home’s foundation, walls and systems
• Essential appliances and built-in features
• Personal belongings, such as furniture and electronics (depending on your policy)

Why Both Policies May Be Necessary

Homeowners insurance and flood insurance serve different purposes, but together they help make sure your home is fully covered. Each policy addresses separate risks, and having both can prevent costly coverage gaps. In Florida, where heavy rainfall and hurricanes are frequent, flooding can occur even in areas not labeled as high-risk zones. While mortgage lenders often require flood insurance in certain regions, every homeowner should assess their potential exposure and consider adding a flood policy for greater financial security.

Contact Us

If you have questions about your current coverage or want to explore flood insurance, our team at Casual Insurance Group is here to help. Contact us today to get started.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.