Flood Insurance in Ohio

Even in a place like Willoughby, OH, insurance requirements can feel overwhelming. You have to have a policy for your car and your home, and sometimes other requirements pop up too. Flood insurance can be on that list, and it remains one of the most ambiguous and difficult to understand topics in insurance. At The Merhar Agency LLC in Willoughby, OH, we don’t just help you find insurance plans; we want to make sure you know your policies too.

Flood Insurance Requirements

The federal government sets requirements for flood insurance. Despite coming from a central source, they can be pretty complicated. Even in Ohio, it’s possible for one house not to need insurance while the house across the street does. The reason for this is that flood plains and maps are tied to who is and is not required to have a policy. The only way to be sure is to find out where your house sits on the flood maps.

How Flood Insurance Works

Whether or not flood insurance is required, you can still have a policy. It’s important to remember that homeowner’s policies typically do not cover floods. It’s also important to know that, according to The National Flood Insurance Program, 20 percent of flooding issues happen outside of mandated insurance zones. Flood insurance is essential even for homes that aren’t in areas where it is required.

The easiest way to see where your home sits on a flood map and assess your overall risk is to give us a call. One of our agents can look at the exact risk assessment of your home and neighborhood to help you determine how much flood insurance makes sense for your house. That way, you’ll have the coverage you might and the peace of mind that comes with it. Contact our office for a quote and more information.