Letters to the Editor

Letter: Flood insurance surest way to protect your home if waters rise

Flood insurance surest way to protect your home if waters rise

To the Editor:

Illinois residents are sure to see the snow melt, ice thaw and severe storms roll through the state in the coming weeks. As a result, portions of Illinois may experience overflowing waterways, compromised dams and levees or excess surface water runoff. Flooding is a serious threat to properties located in these areas.

Floods are destructive, economically devastating and all too common. The Illinois Insurance Association and its member companies encourage everyone to have a financial plan to pay for damage caused by flooding. Taking an ‘it won’t happen to me’ attitude could be costly.

Just an inch of water inside your home can mean thousands of dollars of damage. Flood insurance allows victims to share the cost of repairs with an insurance company. Traditional homeowners insurance policies exclude flood-related damage. 

Flood insurance is a separate, stand-alone policy backed by the federal government. These policies cover only one type of loss – flood damage. Protection is available for dwellings and personal belongings.

Contact a local property insurance agent for cost and coverage specifics, but do it soon. Coverage begins 30 days after the effective date of the flood insurance policy. Waiting too long to investigate flood insurance could leave you unprotected.

Victims without flood insurance have limited options. A monetary grant may be available for affected locations in designated disaster areas. Individuals in official disaster zones may also qualify for low interest loans. 

Flood insurance is a better choice because claims do not depend on a disaster declaration.

Kevin J. Martin

Executive Director

Illinois Insurance Association

Digital Access

Digital Access
Access nwherald.com and all Shaw Media Illinois content from all your digital devices and receive breaking news and updates from around the area.

Home Delivery

Home Delivery
Local news, prep sports, Chicago sports, local and regional entertainment, business, home and lifestyle, food, classified and more! News you use every day! Daily, weekend and Sunday packages.

Text Alerts

Text Alerts
Stay connected to us wherever you are! Get breaking news updates along with other area information sent to you as a text message to your wireless device.

Email Newsletters

Email Newsletters
We'll deliver news & updates to your inbox. Plan your weekend and catch up on the news with our newsletters.