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Flood for thought...

By
Real Estate Agent with The Carolina Crew, Inc. 246097

Flood insurance for Winston Salem homes can be an added expense or an invaluable asset, but do you need it? These past few years have had quite a few natural disasters. Not just around the World but also here in our great country. We really cannot do anything to stop or prevent a natural disaster. However, we can take steps to protect ourselves and our investments.

You could build an emergency bunker, put your house on stilts, or make your home zombie proof. These measures may be a bit extreme for the majority of the population. Instead consider a mre simplistic approach. For example, home owners insurance.

Did you know that most homeowner’s insurance policies do not include flood coverage? Some lenders may require it based on the home's proximity to water. However, a standard flood insurance policy can be obtained at any point by the home owner that covers physical damage to the property. It is readily available to homeowners, renters, and even businesses. 

Winston Salem homes need insurance

Many Winston Salem home owners think they do not need the added expense of a monthly flood insurance policy. However, North Carolina has many areas that are at risk of flooding and you may not even know it. You never know when another hurricane like Floyd might drop 20 inches of rain in a few days causing unusual or rare flooding conditions. I do not sell insurance so I am not trying to push anything. However, I am challenging to ask yourself: is this something I might need?

Event a small creek or wash gully could become a flood hazard under the right conditions. The cost of flood insurance can be minimal if you live in a low risk area, so it may be worth investigating. Just like any other insurance policy it can provide peace of mind in the face of adversity. Another thing to keep in mind to does your homeowner's policy cover you if your dishwasher line breaks and floods your kitchen? Likewise,  what if the water heater bursts and floods your hall? Some policies will, others may require additional coverage for Winston Salem homes.

Again, I am not here to sell insurance, I sell Winston Salem homes.However, I want my clients to have peace of mind, and  insurance coverage. This way when you call me down the road to sell your home, we have a home in good condition that we can aggressively market and get SOLD!

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