What Types of Perils Does Flood Insurance Not Cover?

Miami Lakes, FL residents can benefit from purchasing flood insurance when residing in low-lying areas, and most government-backed lenders will require this indemnification when living in a flood plane.

Flood Insurance Exclusions

Flooding is defined as water that first touches the ground before entering your property on land that is generally not wet, and that exceeds a space of two acres or more. This does not apply to leaky roofs, for example, that can create situations involving mold, mildew, or rot.

Your flood insurance will generally not extend to plumbing problems, such as burst pipes or major leaks. Your Jet Stream Insurance Group LLC representative can go into greater detail as to which scenarios would be covered. 

After a flood event, the ground will often settle and can threaten the integrity of the structure at its foundation. Though this can wreak havoc, this occurrence is generally considered the movement of the earth and is usually beyond the scope of what your flood insurance coverage will entail. 

You may also incur additional costs related to relocation, and these will typically be out of pocket for you. If your property becomes uninhabitable while it undergoes repairs, you may need to spend money moving and securing another domicile on a temporary basis. 

If your home is the location of your business, you may experience interrupted income potential, another consequence of the flooding event but one that generally falls outside the purview of your indemnification. Damage to outdoor structures may also be your responsibility. 

Jet Stream Insurance Group LLC Can Help You

We provide insurance packages to suit your needs and invite you to reach out to us today by phone, online, or in person. We serve those living in the Miami Lakes, FL region and look forward to working with you. 

Does My Homeowner’s Insurance Policy Cover Floods?

Floods are one of the most common natural disasters in the United States. They cause billions of dollars in damage every year and affect thousands of people. If you live in a flood-prone area, it’s important to know what your homeowner’s insurance policy covers.

Here we discuss whether or not homeowner’s insurance policies cover floods and what you can do to protect yourself from this dangerous disaster.

Does Homeowner’s Insurance Cover Floods?

Unfortunately, most homeowner’s insurance policies do not cover floods. This is because floods are considered an "act of God" and are therefore not covered by most insurance policies.

However, there are some exceptions. If your home is damaged by a flood caused by a broken pipe or other man-made disasters, your homeowner’s insurance policy may cover the damage.

What Can I Do to Protect Myself From Floods?

If you live in a flood-prone area such as Miami Lakes, FL, it’s important to take steps to protect yourself and your home from this dangerous disaster. The first step is to purchase flood insurance from a reputable insurance company such as Jet Stream Insurance Group LLC.

Flood insurance is a type of insurance that covers the cost of damage caused by floods. It’s important to note that flood insurance is not the same as homeowner’s insurance. Homeowner’s insurance does not cover flood damage, but flood insurance will.

Protecting Yourself From Floods

If you live in a flood-prone area, purchasing flood insurance is important. Flood insurance will cover the cost of damage caused by floods, which is not covered by most homeowner’s insurance policies. Take steps to protect yourself and your home from this dangerous disaster today.

If you’re interested in purchasing flood insurance, Jet Stream Insurance Group LLC located in Miami Lakes, FL can help. We offer a variety of different flood insurance policies that can be tailored to your needs. Contact us today to learn more.

Umbrella insurance FAQs

Umbrella insurance has to be the most misunderstood insurance in the world. There always seems to be a lot of questions about this policy. At Jet Stream Insurance Group LLC in Miami Lakes, FL, we like to share our extensive insurance knowledge with our customers, which includes umbrella insurance. As independent insurance agents, we have access to more than one carrier and lots of policy options. 

What exactly is umbrella insurance?

Umbrella insurance is a policy that you purchase to supplement a policy that you already have with liability coverage. It is an excess liability. It is affordable and provides a lot of protection. 

Can you buy umbrella insurance by itself?

You need to have a policy that already has liability coverage. Types of insurance with liability coverage include:

  • Auto Insurance
  • Motorcycle Insurance
  • RV Insurance
  • Boat Insurance
  • Home Insurance
  • Condo Insurance
  • Renters Insurance
  • Commercial Insurance

Do you need to buy umbrella insurance from the same company as your other liability policies?

It is not necessary to buy the umbrella policy from the same company with whom you have your other policy. However, there could possibly be a multi-policy discount, so keep that in mind. 

Is umbrella insurance only for the wealthy?

No, umbrella insurance is not just for the wealthy. Anyone who owns a home or has assets can benefit from the additional coverage that it provides. You work hard for what you have and you should protect it. 

If I am a renter, can I get umbrella insurance?

Yes, renters insurance provides liability coverage which can be increased with an umbrella policy. It will also provide additional liability on your auto insurance if you are a driver or boat insurance if you have a boat. 

Give Us A Call

Contact us at Jet Stream Insurance Group LLC in Miami Lakes, FL to discuss how you could benefit from adding umbrella insurance to your insurance portfolio. 

Flood Insurance After Serious Rain: How It Helps?

Heavy rains in Miami Lakes, FL are not uncommon, particularly in hurricanes. Thankfully, a good flood insurance policy from Jet Stream Insurance Group LLC will help you stay solvent and avoid financial issues.

How Insurance Will Help

If your home is heavily affected by a sudden influx of rain, your flood policy will help cover many elements of your home. Understanding these will help ensure that you have the best coverage possible. You’ll get help with:

  • Repairing damage caused directly to the building
  • Help with repair foundation
  • Fixes for electrical, plumbing, and HVAC systems
  • Replacement for various kitchen appliances
  • Repair and replacement of permanent carpets, shelves, and cabinets

Some homeowners may also want to consider content coverage on their policy. This option helps to cover various things like curtains, computers, clothing, and other items within your home. It may even cover certain types of art and artwork.

What Insurance Can’t Cover

While a good flood insurance policy will cover much of the damage that may occur after heavy rains, there are some things that it won’t pay. These exceptions are common to many policies and providers, though they may vary. These non-covered items include:

  • Anything located outside the building (decks, swimming pools, etc.)
  • Temporary housing needs
  • Business interruption if you work from home
  • Limited coverage for basements and crawlspaces

Your policy will vary according to your insurer. Some may provide more extensive payment options that help to minimize how much you lose. Others may have a line-by-line adjustment that makes your policy more specific to your needs.

Get Help Today

Please call us at Jet Stream Insurance Group LLC to get the flood insurance you want. We serve Miami Lakes, FL, and the surrounding area and work hard to satisfy your needs.

Who needs to carry flood insurance?

Floods are common occurrences in many places. They cause catastrophic damage to homes and other property. With the threat of various weather events looming over all of the United States, every state has suffered from the devastation that can be caused by flooding. Many people assume that their home, condo, or renters insurance will protect them in the event of a flood, but that is not correct. Floods are excluded from just about every type of insurance. If you live in or near Miami Lakes, FL, Jet Stream Insurance Group, LLC is an independent agency that thinks of its customers as members of the family. We take pride in making sure that we customize your insurance coverage to you and your needs. 

When you live on the coastline, or within storm surge distance of the shore, you know you need to have flood insurance. Hurricanes can cause storm surge that goes a long way from the shore. In some cases, it has gone as far as 30 miles, so if you think you are safe, you may need to rethink that. Along with storm surge, some storms have rainfall that can cause lakes and rivers to rise to unprecedented heights. 

Every spring, snowmelt in the north leads to flooding along rivers and streams in the United States. On a major river like the Mississippi, it can cause damage for 100s of miles as the massive amounts of water head south. In other places, dams have failed and sent water into unsuspecting homes. In other words, talk to your insurance agent about the potential in your area for flooding. 

When you are ready to discuss your flood insurance needs, Jet Stream Insurance Group, LLC in Miami Lakes, FL will be here for you. We invite you to stop by our office or give us a call, and we will provide a free quote and all the additional information you want.