Most standard homeowner’s insurance policies do not cover losses related to #flooding. As a rule, most water that originates inside the home will be covered under a homeowner’s policy but water that originates outside the home will be considered a flood and will not be covered under a standard policy.
There are options in Colorado to add flood insurance to most homeowner’s policies either through the National Flood Insurance Program and some private carriers offer endorsements that will cover flood related damage for an added cost.
As we head into the spring run-off and heavy rains become more common, it is important to understand if your homeowner’s policy includes flood insurance and to for homeowners to make an educated and informed decision about their individual needs related to flood coverage. We are happy to discuss the merits of all of these with you so give us a call today and get in front of potential problems related to water.