After heavy rainfalls in April, it may be time for residents of Denver, Colorado, to start thinking about protecting their homes against water damage. Even for those who do not live in flood-prone areas, it is important to know that water damage can affect anyone.
It is important for consumers to make sure they have up-to-date homeowner's insurance that has the highest coverage possible. However, most of those policies do not cover damage from a flood or sewer leak, which is why homeowners should consider purchasing flood damage insurance.
In addition to natural flooding, some of the most common causes of water damage include overflowing sinks, tubs or backed up sewers, which can not only be costly to take care of, but also very stressful.
With flood coverage through the National Flood Insurance Program, there is a 30-day wait period from the day of purchase to when the policy goes into effect, so it is important to get it taken care of before the summer when homes are more flood-prone.