What Does Flood Insurance Cover?

If you live in Selden, NY, you may have heard of flood insurance. Maybe, flood insurance is a totally new concept to you. Either way, flood insurance is not something to be overlooked as it can come in handy in the worst of situations. Learn the in’s and out’s of flood insurance with the experts at XL Brokerage Inc. 

What Does Flood Insurance Cover? 

Flood damage is pretty self-explanatory as it provides financial coverage to you for any damage that was done to you or your property from a flood. Here are some general areas in which flood insurance can provide coverage: 

  • Property damage
  • Repair costs
  • Replacement costs
  • Personal items that are damaged
  • Structures on your property
  • Window damage

These are just some of the areas in which you can receive coverage from flood insurance. The specific coverage type and amount of coverage will depend on the flood insurance policy you choose. To find out what flood insurance policy is best for you, get a consultation with XL Brokerage Inc. 

Why Is Flood Insurance Important?

Flood insurance is something that might slip the minds of several Selden, NY residents, but it’s something that is more important than you might think. If something were to happen, like a flood or mudslide, would you financially capable of recovering without flood insurance? Flood insurance can provide relief for an unbelievable occurrence that you never saw coming. Life can be unpredictable, so it’s important to always be one step ahead and stay prepared. 

When you have the right coverage, you can take the stress of having to ask yourself, "Am I covered?" It’s better to have coverage and never need it than it is to never have coverage and find yourself needing it. 

Get Protected with XL Brokerage Inc. 

When it’s time to choose a flood insurance policy, choose XL Brokerage Inc. to help you find the perfect policy. Our office is located near Selden, NY, but you can contact us online or over the phone.   

How Does Umbrella Insurance Apply to Auto Insurance?

Umbrella insurance might sound like a big tarp, somehow covering everything that you might ever need to file a claim for. But the truth is that it’s a little more specific than that, and it helps to know how it might affect you. XL Brokerage Inc. wants you to know more about what this policy is and how it applies to different kinds of insurance policies — including that of auto insurance. 

What Does Umbrella Insurance Do?

When you first buy an insurance policy in Selden, NY, you might be aware that it has certain limits. This means that the insurance carrier will pay up to a certain amount for a certain category. So in the case of auto insurance, it might be up to $100,000 per accident. This means that if the costs of the accident go beyond this 6-figure number, the auto insurance company will not pay the additional amount.

However, this does not mean that you’re not liable for these fees. You will still need to pay them in order to be legally compliant. Umbrella insurance will essentially extend the limits of your policy so that you’re covered in case this occurs. From bodily injuries to legal fees, the fall-out from a serious accident can be severe. 

Going the Extra Mile 

Umbrella insurance is all about liability, which is why you’ll see public officials rushing to get a policy. However, that doesn’t mean that more people wouldn’t benefit from having this extra resource in their back pocket. If you live in Selden, NY, and have questions about how to get the type of coverage that you can really rely on, call XL Brokerage Inc. today to learn more about our services and get the right advice.