My Vehicle Was Covered By The Flood Water. The following types of personal property can be scheduled or specifically listed in an endorsement to the standard homeowner, renter or Condo policy: These endorsements typically do not exclude flood therefore, personally property endorsements usually include coverage for flood damage. I Purchased "Special Coverage" For Some Of My Personal Property, Which Was Added To My Homeowners Policy. To learn more about what is covered and what is not, read the NFIP's summary of coverage. Coverage for most other personal property in basements is excluded from flood policies. The personal property section covers food freezers, washer\dryers and window air conditioners.
The building coverage section covers fixed items in your basement such as furnaces, hot water heaters, heat pumps, central air conditioners, insulation and electrical work. National Flood Insurance policies do not provide coverage for loss of use, loss of access, business interruption, additional expense or loss of profits.Īdditional Questions Does a National Flood Insurance Policy cover damage to my basement and its contents?įlood insurance coverage is limited in basements and areas below the lowest elevated floor. Therefore, if the policy provides flood coverage, the coverage also applies to business income. The coverage only applies to a covered loss. Standard commercial policies may provide business income protection within the policy or by endorsement.
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