Understanding Louisiana’s Flood Risk: Why Flood Insurance Is Essential

Life on the bayou can be enjoyable, rewarding and calming. However, these pleasant environments may often be disrupted by unexpected events, such as severe weather and natural disasters. Given its position along the Gulf of Mexico and the low elevation of much of the state, residents of Louisiana must be mindful of the threat of floods. Fortunately, by working with the dedicated team at Liberty Professional Insurance Services LLC, you and your family can be protected by ideal coverage.

What Is Flood Insurance?

Flood insurance is a specialized form of coverage tailored specifically toward losses and damages caused by floods. You should first realize that your standard homeowners, renters or commercial property insurance policy does not typically include coverage for these natural disasters. If heavy rains, broken levees or overflowing bodies of water cause floodwater to invade and damage your property, you’ll need flood insurance to avoid potentially devastating financial losses.

Policies typically include multifaceted coverage, including for the following losses:

• Structural damage, such as if floodwater destroys floors, foundations or other parts of an insured building

• Losses involving personal belongings, such as furniture, clothing and valuables that are damaged or swept away by floods

• Cleanup costs, such as if a flood leaves behind debris on your property that must be removed by professionals

Why Is Coverage Important?

Many Americans across much of the United States can benefit greatly from flood insurance, but coverage may be particularly important for those in the Pelican State. Given the constant threat of hurricanes and floods, suitable coverage can make all the difference in allowing you to recover from such incidents or potentially face financial ruin.

Additionally, you may be required to carry coverage in certain situations. For example, property owners who have federally supported mortgages and live in areas at high risk of floods are required to have this type of insurance as long as their loan remains outstanding. Additionally, if you’ve previously received aid following a flood from the Federal Emergency Management Agency, you’ll need coverage to be eligible for future benefits.

We’re Here to Help

At Liberty Professional Insurance Services LLC in Gretna, Louisiana, we understand the pleasantries and dangers of our beautiful state. Contact us today to learn more about flood insurance coverage or to compare personalized quotes.