Flood Insurance in Katy, TX

It only takes 1 inch of water
to cause $25,000 worth of damage to your home.

Floods can wreak havoc on lives, homes and communities. Whether your home is in a flood-prone area or rarely experiences such events, understanding the importance of having flood insurance is essential.

What Does Flood Insurance Cover?

Flood coverage can offer property owners financial protection against the adverse impacts of flooding. While coverage details vary depending on the policy and insurer, it may help cover expenses related to structural damage, personal property, essential systems, debris removal and relocation. It’s critical to understand the specifics of your flood policy and consult with an insurance expert to customize coverage based on your individual needs and risk factors.

How Much Flood Insurance Is Required?

Choosing the right amount of insurance depends on several factors, such as your property’s location, flood risk and the value of your belongings. According to the Federal Emergency Management Agency (FEMA), property owners should assess the total replacement cost of their structure and its contents. This involves evaluating the expense of rebuilding the entire property and replacing personal items. To help ensure adequate coverage, consider your situation, seek advice from insurance experts and account for potential risks.

When to Get Insurance

Flood insurance isn’t legally required in Texas, but it may be mandatory if you have a mortgage through a federally backed lender and live in a high-risk flood zone designated by FEMA. If you’re in such an area, consider obtaining flood coverage before any potential flooding occurs. There’s typically a 30-day waiting period for some flood policies to take effect, so planning is essential.

Where to Get Insurance

Contact Katy Insurance Agency to discuss flood insurance for your home.