THAT'S YOUR LATEST IN TRAFFIC NOW BACK TO YOU GUYS
DO YOU HAVE FLOOD INSURANCE? A LOT OF PEOPLE DON'T AND REGULAR STANDARD HOMEOWNERS INSURANCE DOES NOT COVER FLOODS, SO CONSUMER EXPERT AMY DAVIS IS JOINING US THIS MORNING WITH WHAT YOU NEED TO KNOW ABOUT THAT COVERAGE THERE'S NO RAIN IN OUR FORECAST FOR THE NEXT WEEK, IT'S IT'S PROBABLY NOT ON PEOPLE'S LIST OF WORRIES ANY TIME SOON, ABOUT IT IS SOMETHING YOU SHOULD THINK ABOUT, AND YOU DON'TIVE HAVE TO WORRY IF YOUR HOME AND PROPERTY ARE PROPERLY PROTECTED RAIN FLOODED MORE THAN 3,000 HOUSTON HOMES LAST MAY, LEAVING SOME HOMEOWNERS WITH NOTHING BUT THE SHELL OF THEIR STRUCTURES AS FOLKS BEGIN THE CLEAN UP, SOME LEARNED THE HOMEOWNERS INSURANCE THEY THOUGHT PROTECTED THEM FROM DISASTERS LIKE THIS WOULDN'T HELP AT ALL
IF A PIPE BURST, A BREAK IN THE WALL, THAT KIND OF WATER DAMAGE TO YOUR STRUCTURE WOULD BE COVERED, BUT WATER FROM OUTSIDE RISING AND FLOODING YOUR HOMES IS NOT COVERED Reporter: BRENDA HARRIET IS AN ALLSTATE INSURANCE AGENT SHE SAYS IF RAINS HIT HARD AND RIVERS START RISING AND STREETS STARTS FLOODING, THE ONLY WAY YOU'D BE COVERED IS TO BUY A SEPARATE INSURANCE POLICY STANDARD POLICY AROUND ABOUT $450 A YEAR DEPENDING ON WHERE YOU LIVE FEMA HAS DIFFERENT FLOOD MAPS THAT DETERMINE WHAT FLOOD ZONE YOU'RE IN AND THEN THAT ZONE DETERMINES WHAT YOUR IS
Reporter: FLOOD INSURANCE IS CAPPED AT ABOUT $250,000 IT IS NOT ENOUGH TO REBUILD YOUR HOUSE, BUT IT WOULD TAKE CARE OF SOME DAMAGE TWO INCHES OF WATER CAN CAUSE UP TO $8,000 IN DAMAGE TO SOMEONE'S HOME, SO IT CAN ADD UP QUITE QUICKLY Reporter: BUT YOU NEED TO PLAN AHEAD THIS IS A 30-DAY WAITING PERIOD FOR COVERAGE TO KICK IN
YES, YOU COME BY RENTERS FLOOD INSURANCE TO PROTECT YOUR PROPERTY INSIDE AN APARTMENT OR CONDO, AND YOUR CAR IS NOT COVERED BY FLOOD INSURANCE, BUT YOU MAY BE COVERED IF YOU HAVE COMPREHEND SELF-COVERAGE, SO THOSE ARE THINGS YOU NEED TO CHECK OUT WITH YOUR INSURANCE COMPANY NOW, NOT WHEN BRITTA SAYS, OH, THERE'S A STORM IN THE GULF IT'S NOT AN OVERNIGHT THING LIKE WE LEARNED WITH THE MEMORIAL DAY FLOODING
