Flood Insurance vs. Homeowners Insurance: Key Differences 

Some homeowners may be surprised to learn that standard homeowners insurance does not cover flood damage, leaving them vulnerable to costly repairs after severe weather events.

Kite Insurance Agency can help you make informed decisions about your coverage options.

What Does Homeowners Insurance Cover?

Homeowners insurance may provide financial protection against various risks, including but not limited to:

• Fire and smoke damage
• Theft and vandalism
• Wind and hail (with possible limitations)
• Some types of water damage (like burst pipes)
• Liability for third-party injuries or property damage you caused

However, homeowners policies typically exclude flood damage caused by rising water, such as from heavy rain, hurricanes or overflowing rivers.

What Does Flood Insurance Cover?

Flood insurance is a standalone policy that may cover losses directly caused by flooding. This includes:

• Structural damage to your home’s foundation, walls and systems
• Damage to appliances and major systems (like HVAC)
• Loss of personal belongings due to floodwaters

Flood insurance is typically available through the National Flood Insurance Program or some private insurers. It’s important to note that even if you don’t live in a high-risk flood zone, Georgia’s unpredictable weather means flooding can happen almost anywhere.

Why Might You Need Both?

Relying solely on homeowners insurance may leave gaps in your coverage. Flooding is one of the most common and costly disasters in Georgia, and without a dedicated flood policy, you could face significant out-of-pocket expenses. Having both policies can bolster your financial protection, leaving you with fewer worries, especially during storm season. Homeowners with federally backed mortgages and who live in high-risk flood zones may also be required to carry both types of insurance.

Contact Our Team

Kite Insurance Agency guides Georgia homeowners through their insurance options. Our team can help you understand what each policy covers and identify any coverage gaps. Contact us today to learn more.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.