Floods can be devastating to both property and people. The costs of repairing or replacing damaged property due to flooding can leave homeowners in financial ruin if they are not adequately covered. Front Range Insurance Services encourages all homeowners in Littleton, CO, and the surrounding areas, especially those in high-risk areas, to purchase flood insurance coverage. Here are three reasons why flood insurance is worth your investment:

1. Protect Your Property from Flood Damage 

Flood damage can cost tens of thousands of dollars to repair or replace, depending on the severity and extent of the damage done. Without adequate coverage, repairing the damage from a flood could become an immediate financial burden for homeowners. Having flood insurance allows homeowners to focus on restoring their properties.

2. Knowing You’re Covered in the Event of a Flood

With flood insurance, you can rest assured that you are covered in a natural disaster or another unforeseen event that causes flooding. This peace of mind is invaluable since floods can be unpredictable and cause extensive damage quickly. 

3. Compliance with Lender Requirements for Homeowners in High-Risk Areas

Many lenders require homeowners in high-risk areas to carry adequate flood insurance coverage as part of their loan agreement requirements. Without this coverage, homeowners could default on the loan and potentially face financial penalties or even foreclosure. To avoid these issues, homeowners must purchase flood insurance before closing on a home in a high-risk area.

The Bottom Line

At Front Range Insurance Services, serving Littleton, CO, and the surrounding areas, we strive to provide our customers with comprehensive coverage options. With our experienced agents guiding you through the process, you can rest assured your property is protected against flood damage, giving you peace of mind knowing that you’re covered should disaster strike. Contact us with any questions about coverage options you may have today.