Does Your Car Insurance Policy Cover Flood Damages?

There are many states in America that are subject to hurricanes or even tornadoes, and with the influx of these natural disasters, it would be safe to say that flooding can definitely happen. During these stormy times throughout the year, states like Florida are affected and insurance claims skyrocket. With the influx of car insurance claims during these times, you ask yourself does the policyholder have an easy time during the claim or are they in a position where they have to hurdle over obstacles? 

Regardless of the insurance company you are with, you should be covered for flood damages on your insurance policy. Although keep in mind, you would need to have comprehensive insurance on your policy, you more than likely do but it doesn’t hurt to double-check. Just to add to that as well, if you live in an area where floods are apparent, make sure you have it.

 

What is Flood Insurance

Flood insurance can mean different things to different insurance companies. But generally, when a vehicle is in contact with water it is more than likely written off. Depending on your location, a flood can be either fresh or saltwater. The implications of these when coming into contact with your vehicle can vary. 

Now keep in mind that when your vehicle has been flooding damaged your insurance adjuster will more than likely have it written off. If that’s the route you are comfortable with, you’ll be given the actual cash value of your vehicle and then should seek another one. 

On the other side of things, if you choose not to have your vehicle written off and would like to have it repaired, you may be rejected from having some insurance coverages. In these scenarios, customers are only eligible for liability insurance and nothing else. 

 

Are you Covered?

Typically when selecting your insurance coverage, you are more than likely covered. If you are leasing or financing a new vehicle it actually is a requirement for you to take comprehensive coverage on your insurance policy. 

But if you still doubt yourself, double-check with your insurance company to make sure that you are covered. 

 

Insurance Restrictions

Insurance companies are well rounded and have every angled covered, so if you are trying to game the system, don’t. If there is a flood warning or anything that could impact your vehicle where you feel as if you are not covered, more than likely there are insurance restrictions. Usually, when something is announced, you are not able to add it to your policy as you please, you will need to fork out the cash each month. We recommend you do that because you won’t be left in a bad situation. 

 

Steps if You Experience a Flood

Experiencing a flood can be quite difficult, a lot of things can be destroyed but what exactly do you do if your vehicle is damaged due to that? Here are a few steps you can take to make sure things are taken care of smoothly. 

Step 1: Make sure that you have comprehensive insurance coverage and that you have coverage for flood. If not, you can still follow these steps to help you out. 

Step 2: Contact your insurance company. Find out what you are entitled to if you have comprehensive insurance. 

Step 3: Document everything, take photos, make notes, whatever you need. It’s better to have something to present to the insurance company so they can make a sound informed decision. 

Step 4: Keep receipts and prevent further damage. Proof of repairs or proof of being proactive can be extremely beneficial to you.

For more information about your insurance policy and if you would like a new policy with flood insurance, contact a new insurance company here.