Do You Need Flood Insurance in Tippecanoe County?

Living near the Wabash River and Wildcat Creek is part of what makes Greater Lafayette a great place to call home. It also means flood insurance in Tippecanoe County is worth a closer look, even if your home has never taken on water.

Your homeowners policy probably does not cover flooding

Most homeowners and renters policies do not cover flood damage, such as rising water from heavy rain or overflowing rivers and creeks. In most cases, protecting your home and belongings from a flood takes a separate flood policy.

Water that backs up through a floor drain or sump pump is a different problem. Many homeowners policies can add water backup coverage, and it is one of the most common gaps we find when we review policies.

Where flood insurance comes from

Flood coverage is available through the federal flood insurance program, and some private insurance companies offer flood policies too. Each option has its own limits and features, so it is worth comparing them with an agent who can show you both.

Do not wait for the forecast

Flood policies usually have a waiting period before coverage begins, so buying a policy when a storm is already on the way may be too late. The best time to look at flood coverage is when the weather is calm.

You do not have to be in a flood zone to flood

Homes outside high-risk flood zones can still flood, and coverage for those homes is often more affordable than people expect. If you are not sure about your risk, ask us and we will help you look at it.

How we can help

As an independent agency, Lafayette Insurance can compare flood insurance options for your home and check whether your home insurance includes water backup coverage. Call 765-474-2300 or contact us for a quick review.