Pelham Flood Insurance

What Does Flood Insurance in Pelham Actually Cover?

Understanding your policy is the most important step in securing your financial future against flood damage. A standard flood insurance policy, whether from the NFIP or a private carrier, is typically split into two main parts: building coverage and contents coverage. It's crucial for Pelham homeowners to know the difference.

Building Property Coverage

This protects the physical structure of your home. If floodwaters from Buck Creek or a heavy storm damage your house, this is the coverage that pays to repair or rebuild it. Key protected items include:

• The foundation, walls, and roof
• Electrical and plumbing systems
• HVAC equipment like air conditioners and furnaces
• Permanently installed carpeting, cabinets, and paneling
• Built-in appliances such as refrigerators and dishwashers

Personal Property (Contents) Coverage

This part of your policy covers your personal belongings. While building coverage is often required by mortgage lenders in high-risk zones, contents coverage may be optional but is highly recommended. Imagine having to replace all your furniture and electronics out-of-pocket. Contents coverage helps protect:

• Furniture, clothing, and electronic equipment
• Curtains and portable appliances
• Washers and dryers
• Valuable items up to a specified limit (artwork, furs)

At TCDS, we help Pelham residents assess their needs to ensure they have the right mix of building and contents coverage to fully recover from a flood.