When it comes to flood insurance, understanding the difference between building and contents coverage is crucial. At Johnson Insurance Agency, we believe in empowering our clients with the knowledge they need to make informed decisions about their insurance needs.
What is Building Coverage?
Building coverage is part of a standard flood insurance policy and covers the physical structure of your home and its foundation. This includes built-in appliances, electrical and plumbing systems, permanently installed carpeting and paneling, and detached garages.
What is Contents Coverage?
Contents coverage, on the other hand, covers the personal belongings inside your home. This includes furniture, clothing, electronics, and more portable appliances. It’s important to note that contents coverage is not automatically included in your flood insurance policy and must be purchased separately.
Why Both Coverages Matter
Having both building and contents coverage gives you comprehensive protection in the event of a flood. Without contents coverage, you could face significant out-of-pocket costs to replace your personal belongings after a flood. Similarly, without building coverage, you could be left with a hefty bill for structural repairs.
Understanding Your Needs
At Johnson Insurance Agency, we understand that every homeowner’s needs are unique. We’re here to help you assess your flood risk and guide you in choosing the right level of coverage for your home and belongings.
Get in Touch with Johnson Insurance Agency
For more information about flood insurance, or to discuss your coverage needs, contact us at Johnson Insurance Agency today. We’re here to help you navigate the intricacies of flood insurance and ensure you’re adequately protected.
