XL Brokerage Inc. offers a variety of policies that cover residential and commercial dwellings. In Selden, NY, homes in certain areas may be more susceptible to flood waters. Many homeowners often confuse water damage with flood damage. They may appear similar but the causes are different and covered by separate types of policies.
Flood insurance must be in place if you file a claim for flood damages. Flood insurance is normally sold to homeowners who live in a floodplain or near an area where floods are likely to occur. Flood insurance will not cover burst sewage pipes or overflows from indoor or outdoor plumbing systems. For flood insurance to be used, the damage must be caused by a natural event that is out of the control of the homeowner.
Water damage is often the result of broken pipes, damaged roofs, or backed up sewage. Although insurance will cover various types of water damage such as a leaking roof, the damage to the roof must be caused by something falling on the roof. If the damage is caused by the roof being worn, most insurance policies will not cover it.
at XL Brokerage Inc. each of the agents has the knowledge and experience to answer all of your questions pertaining to flood insurance and how it affects your home. They can explain all of the nuances and subtleties that separate the different types of policies. If you live in the Selden, NY, contact the agents in the office and schedule a consultation. They can perform a review of your policies and find out which ones need to be updated or added.