While your homeowners’ insurance policy is supposed to provide protection from any peril, it does not cover every natural disaster. If your home is damaged or destroyed by a flood, only a specific flood insurance policy will provide coverage. A flood insurance policy is the only way to ensure that you and your home will be protected in case of a flood. It is important to keep in mind that a flood insurance policy has a 30-day waiting period before it becomes active. If a flood damages your … [Read more...]