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Floods are one of the most common of natural disasters that happen several times each year. They are one of the main causes of infrastructure damage around the world, a lot more common than any other natural disaster that may hit a populated area. This is why it is absolutely necessary for you to have insurance that also covers damage due to flooding. Some homeowners unfortunately are unaware that their insurance policies don't actually cover flooding damages. It is always said that an ounce of prevention is worth a pound of cure. So, if you want to save yourself from having your primary investment swept away, you need to have the proper insurance that can cover flooding damages.

Kentucky Flood InsuranceThe first thing to remember is that not all home insurance packages include flood insurance. Floods usually sweep away significant portions of the town or city being struck by the catastrophe. If an insurance company wants to stay in business, they have to make sure that the number of people paying for insurance greatly outnumber the number of claimants. Should a flood actually happen, there would always be a very high risk of having too many claimants. This is the primary reason why flood insurance is almost always separate from other kinds of home insurance.

Nearly 25% of all claims the National Flood Insurance Program pays out are for policies in low to moderate-risk areas. This means that even though you may live in an area that isn't typically a flood risk, flooding can happen anywhere. So if you're thinking it can't happen to you, you might want to reconsider passing on some extra protection against flood damage.

If find that your home insurance policy doesn't cover flooding, it's best to find out how you can add it to your insurance coverage. Most insurance companies offer flood insurance by participating in the National Flood Insurance Program (NFIP), a program created by the federal government.

Almost one-thirds of the entire United States' population still believes that flooding damages are already covered in their home insurance. The consequences of not knowing this fact can be brutal, partly because it is actually a very avoidable mistake. The most disastrous thing about not securing flood insurance is that you usually won't see it coming until the catastrophe actually happens and it's too late. Even if you don't live in a flood prone area, it's wise to at least consider further protecting your home and its contents with flood insurance.

By Matt Reynolds - Google+
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