The Federal Emergency Management Agency says more than 20% of flood claims come from outside high-risk flood zones. You don’t have to live near a lake or a body of water for flooding to occur. Flooding can come from water flowing downhill that accumulates on your property causing damage, or a thunderstorm, or even quickly rising water coming up from the ground. Simply put, Flood Insurance covers your home and possessions from damage caused by flooding. More specifically, a Flood Insurance policy will cover things such as furniture, clothing and other belongings; it also covers damage to HVAC systems, flooring and certain cleanup and remediation expenses.

Most Flood Insurance is provided by the National Flood Insurance Program, a government entity providing affordable insurance to homeowners. Flood policies are purchased through an insurance agent, not directly from the government. Even if you aren’t required to have a Flood policy, the possibility of losing your home and possessions to flooding make it something to consider.