There are no homeowner’s insurance policies offering flood insurance coverage. FEMA has the responsibility to remap possible flood risk areas at least every ten years throughout the United States. These flood zones can change at any time, so it is up to the homeowner to know if they are located in a flood zone or they are not.

• The homeowners that are not located in a flood zone have to decide whether or not they want this type of coverage
• The homeowners who live in a designated flood zone and have their homes paid off will also have to decide if they want flood protection
• Those homeowners, who have a mortgage on their homes, have no choice in the matter and will be required to carry flood protection coverage, and this will place as quite a burden on most families residing in the El Paso area

Homeowners are going to be unhappy when they find out that they must now have flood insurance when they were never required to have it before. As of 2013, FEMA has designated most of El Paso, Texas as a flood zone.

This new FEMA mapping is in its final stages, and has not as yet been finalized. If El Paso residents were to buy into a flood protection plan before rezoning of flood zones are finalized, they will be able to get the premiums at a lower rate. Flood insurance can be purchased through your independent agent through the National Flood Insurance program. This program is backed by the United States government.

What is covered on my flood insurance policy?

• All personal possessions
• All major appliances and small appliances
• Uninstalled rugs and carpets
• Freezer foods
• Artwork
• Foundations
• Central heating and air conditioning units
• Water pumps
• Electrical systems
• Basement drywalls

What is not covered?

• Money, currencies
• Gold
• Stock certificates
• Platinum
• Vehicles on property
• Possessions outside the home, such as, pools, trees, shrubs, garages, sheds

As an independent agent we can help you get the El Paso, Texas policy you need to keep your investment protected and secure from flooding. Call your independent agent today.

If you are a homeowner in El Paso, Texas, keeping your home insurance current is crucial for protecting your home from damages or theft. However, even if you don’t make any claims on your policy, your insurance company may send you a notice of non renewal. While your policy will not be abruptly canceled, your insurance company is notifying you that your policy will expire at the end of the coverage policy period. While filing too many claims is the most common reasons insurers may not renew your policy, there are a few other factors that cause insurers to issue a notice of non renewal.

Unacceptable Safety Hazards

Your insurance company may ask you to submit photographs of your property or submit to a curbside inspection to determine the condition of your home. If your insurer finds that your level of risk has increased significantly, it may decide not to renew your policy. Failing to maintain your plumbing or electrical systems or maintain your home’s exterior could result in non renewal. El Paso homeowners should also refrain from storing flammable materials, such as large piles of wood or debris, near their house. Fire hazards can especially raise a red flag for Texas insurance providers.

Failure to Make Payments

To keep your coverage active, it is important to make your payments regularly and on time. While most insurers give you a grace period to make your payments before cancelation, too many late payments can be a cause for concern. Be warned: when determining whether to renew your policy, insurance providers factor in your payment history.

If you received a notice of non renewal, it is important to act fast and consult with an independent agent. An independent agent is authorized to offer you policies from a variety of insurance providers and can help you replace your insurance before it lapses. Contact us today to keep your home covered and protected.