Many people believe that their homeowner insurance policy will cover them in the event of a flood. But most home insurance policies only cover storm damage, and won’t cover the owner in the event their property floods as a result of excess rains over a short period of time. In this latest post, our Richmond water damage restoration company team explains more about flood damage and its impact.

The Importance of Flood Insurance

Flood insurance is a critical protection tool, particularly for those of you living in areas that receive substantial amounts of rain throughout the year, including Vancouver and the lower mainland regions. It’s important that you consider the value that flood insurance can bring to your home for the long-term.  You can call our company directly to learn more about water damage and restoration options in Richmond.

What Does Flood Insurance Cover?

Your flood insurance policy will cover two specific items: your home structure and your personal belongings inside the home. The size of your policy and the level of coverage you require depend largely on the value of your home and risk of floods impacting your property.

Where Can I Buy Flood Insurance?

The company holding your current homeowner’s insurance policy should be able to guide you regarding your flood insurance options. Alternatively, there are several local Richmond companies that specialize in flood insurance. You should speak with an expert at the company before making your final policy decision, and try to complete some private research about the various policies available. The value of the policy will be determined by the coverage levels compared with the risk and the total cost of the overall policy for the years ahead.

Call Malkin Cleaners

Our team at Malkin Cleaners can help you to respond to flooding issues in your home 24-7. As the leading Richmond water damage restoration company, we’ve helped thousands of homeowners clear their property of water and rebuild their home structure for the years ahead. We specialize in the construction and water removal stages, and our team is available around the clock to offer our guidance. Malkin will work with your Insurance provider to ensure the claim is applied for and processed in a timely fashion.  To discover more about our services, or speak with a local Richmond expert, call today.