Are you wondering where to buy Yuba City flood insurance? We have you covered!
When most people think of a flood, they might think of events like Hurricane Katrina, or Hurricane Sandy. Those devastating storms caused billions of dollars in damage, but in reality, most floods are caused by far less catastrophic situations. In fact, it only takes a few inches of standing water to cause tens of thousands of dollars in damage.
Locally, we’ve seen major flooding including:
- 1955 Yuba City
- 1986 Marysville/Linda
- 1997 Plumas Lake/Arboga
- 2017 Oroville Dam evacuations
Oakview Insurance Services Inc. provides flood insurance products through FEMA and the National Flood Insurance Program (NFIP) and several private insurance companies. In most situations (but not all), you’ll have a 30 day waiting period when you buy flood insurance, so don’t wait until it’s too late!
Did you know that 90% of the counties in California have experienced at least one flood during a recent major drought?
Did you know that every single house in the entire country is in a FEMA flood zone? It’s just that some flood zones are worse than others.
1 foot of water damage in the average home causes $72,000 worth of damage.
In January 2017, Mariah Davis discussed the changing landscape of Flood and Fire insurance with the Appeal Democrat http://m.appeal-democrat.com/news/insured-for-disaster-how-to-prepare-for-flooding-fires/article_e64c9e0e-01a3-11e8-b1c7-4724867cbbb9.html?mode=jqm
Homeowners insurance does not cover flood damage
Regardless of whether you live in Yuba City or any other part of California, flood insurance has to be purchased as a separate, stand-alone policy. It is not covered by most standard home, renters, and business owners’ policies.
Flood policies also reimburse you for the work that you and other family members did to sandbag your homes, move furniture, and remove debris.
If you live in certain flood zones, your mortgage company may require that you purchase a flood policy. If you live outside a high-risk zone, or if you no longer have a mortgage, flood insurance is optional.