Flood Insurance in Gretna, LA

Flooding can disrupt lives, destroy homes and impact entire communities. Whether you live in a high-risk flood zone or an area that rarely experiences flooding, it’s essential to understand the importance of flood insurance.

What Is Flood Insurance?

Flood insurance aims to safeguard individuals, homeowners and businesses against the financial consequences of flooding. It can offer compensation for damage to buildings and personal property. This type of insurance is particularly crucial in areas prone to heavy rainfall, storm surges or other severe weather.

What Does It Cover?

Flood insurance typically includes two main components: building property coverage and personal property coverage. Building property coverage typically applies to the physical structure of your home, including the foundation, walls, electrical and plumbing systems, appliances and fixtures. It can also cover built-in items like carpeting, cabinets and bookcases.

On the other hand, personal property coverage helps protect your belongings inside the insured property, such as furniture, electronics, clothing and valuable items. It’s important to note that high-value items like artwork, jewelry and collectibles may have coverage limits. For full protection, you might need additional coverage or separate policies.

Be aware of certain limitations and exclusions in flood insurance policies. For instance, coverage may not include damage caused by moisture, mildew or mold that the property owner could have prevented. Additionally, coverage for items in basements may be limited.

How Much Does It Cost?

The following factors may influence the cost of flood insurance:

• Flood risk

• Home location

• Home’s age and design

• Coverage types

• Deductibles and premiums

Where to Buy Flood Insurance

Contact Liberty Professional Insurance Services LLC to discuss flood insurance. We can make coverage recommendations based on your specific circumstances.