Flood Insurance in Pittsburgh, PA
WHO NEEDS FLOOD INSURANCE?
All owners of insurable property, home, or business.
Owners and renters should insure their personal property against flood loss. Buildings in the course of construction, condominium associations, and owners of residential condominium units in participating communities all may purchase flood insurance.
WHAT CAN CAUSE A FLOOD?
- Floods and flash floods
- Heavy rains and wind
- Winter storms and snow melt
- Unusual and rapid accumulation or runoff of surface waters from any source
Just a single inch of water (or mud) can cause damage to your home, resulting in thousands of dollars in repair and restoration costs.
WHY SHOULD YOU CONSIDER FLOOD INSURANCE?
Most homeowner insurance policies exclude coverage for flood! It is important to fully protect your property. If an unexpected flood occurs, flood insurance would end up saving you thousands of dollars on damage to your home and possessions.
Purchasing flood insurance provides protection: For home investment, destruction, and financial devastation. A flood can occur anywhere that is rains or snows. It can also occur anywhere near a body of water, a dam, or a drainage system. The Federal Emergency Management Agency (FEMA) notes that almost 25 percent of flood insurance claims come from areas that do not have high flood risk.
It is Affordable: The annual cost of coverage can range from $130 to around $1,000 depending on your flood zone risk and the amount of coverage that you purchase. The actual cost of flood insurance will depend on whether you live in a low, medium, or high-risk flood zone. FEMA determines the flood risk of a community. You may visit https://msc.fema.gov/portal/search to confirm what risk zone your home is located in. Keep in mind that the lower your flood risk, the lower the cost of the insurance will be.
*You should refer to your policy and its Declarations Page for specific information on coverage, limitations, restrictions and deductibles.