Whats the difference between Water backup & Flood Insurance?
When water backs up into your basement or over flows from a drain or sump pump you need to have an additional coverage on your policy that adds specific coverage for this type of loss.
Coverage's ranges from $5000-$100,000 in additional coverage.
This is extremely important when it comes to having contents and a finished basement.
When water seeps into the property through the foundation or there is an overflow from tidal body of water, river or stream that is when flood insurance coverage begins. However there are limitations to flood insurance so it important to have an expert explain what is covered.