- Office of Consumer Affairs and Business Regulation
Flood insurance is a special type of coverage that protects your property and belongings from damage caused by flooding. Heavy rainfall, rapid snowmelt, or storm surges can all cause severe damage to your home.
What happens if you do not have flood insurance and your home is flooded?
Most homeowners have the common HO-3 policy, where coverage is provided for direct physical loss and for liability due to an injury on your property.
However, the HO-3 generally states that water damage caused by:
- Seepage of water through the walls or floors of a basement
- Overflow of inland or tidal waters
- Unusual and rapid accumulation of surface waters from any source
is not covered.
Flood insurance can help fill the gap between what your home insurance policy covers and what it does not cover, regarding a loss caused by water.
Where can you purchase flood insurance?
Flood insurance can be purchased through the National Flood Insurance Program (NFIP) or through a private insurer. For more information on how to purchase flood insurance, visit the Division of Insurance: Flood Assistance and Insurance Information | Mass.gov
Flooding is common and doesn’t just impact people who live near water. Flood insurance is a smart investment for unpredictable potential damage to your home. Protect your property and look into flood insurance today.
