Inland Flood Insurance
Heavy rains, snowmelt, or overflowing rivers and streams can put your home at risk of flood damage. While your current Homeowners insurance may be endorsed to cover some water damage from sewer backups or sump overflow, it does not protect against flooding from the outside. That’s where Acuity’s Limited Inland Flood Coverage comes in. This coverage helps protect your home from unexpected damage caused by a sudden flood event.
What is inland flood insurance?
This endorsement covers your financial loss when ordinarily dry land gets flooded by heavy rainfall, snowmelt, or the overflow of rivers and streams. Acuity offers this coverage on homeowners policies which are also endorsed with water backup and sump overflow coverage.
Is this a substitute for national flood insurance?
No. Homes located in or within 25 meters of a FEMA-designated flood zone are not eligible for Acuity’s Inland Flood Coverage endorsement.
What does inland flood insurance cover?
Acuity's Limited Inland Flood Coverage offers protection for:
- Damage to your home's structure, including walls, floors, cabinets, and appliances.
- Damage to personal property, including furniture.
- Extra living expenses if you need to temporarily relocate while repairs are being made.
- Removal of fungi, mold, or rot caused by flooding.
How much does inland flood insurance cost?
The cost of inland flood insurance depends on your home's location and the coverage limit you choose. Most Acuity homeowners can add $50,000 in flood coverage for less than $65 per year. The deductible for this coverage is $1,000.
Example
Imagine a scenario where a heavy rainstorm causes a nearby river to overflow, flooding your home. With Acuity's Limited Inland Flood Coverage, you would be reimbursed for losses, up to the endorsement limits, for damage to your home's structure, personal property, removal of mold, and extra living expenses if you need to stay in a hotel while your home is being repaired.
*This endorsement is not available in all states due to state-specific regulations.
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