Lebanon, Ohio

What Does Flood Insurance Cover in Basement Damage Restoration? April 8, 2019

Lebanon, Warren
What Does Flood Insurance Cover in Basement Damage Restoration? , Lebanon, Ohio

No homeowner wants to think about flooding. Other than fire, it’s one of the most destructive forces a structure can experience. As unpleasant as it is, you should understand your options and know how to prepare for the worst. Read on to learn more about flood insurance and what it does and doesn’t cover when it comes to basement damage restoration

Flood Insurance & Basement Damage Restoration Basics 

National Flood Insurance Program 

FEMA offers the National Flood Insurance Program (NFIP), which costs an average of $700 per year. In some flood-prone areas, homeowners are required to have flood insurance, although not all communities need it. When you buy a policy through the NFIP, takes effect 30 days later. According to the organization, the basement is an area of the building with a floor below ground level on all sides. If you have flood insurance through this program, you’re covered in the event of a natural disaster, but not in the event of a plumbing leak or appliance malfunction. Your home insurance policy typically covers these incidents. 

Building Coverage

damage restorationYou have the option to purchase building or contents coverage, or both. With building coverage, you can be reimbursed for either the value of your building or the cost to rebuild, depending on which is less. The parts of your building covered in this policy include electrical and plumbing, foundation, appliances, HVAC equipment, permanent carpet over an unfinished floor, permanent fixtures such as wallboard and cabinets, window blinds, debris removal, and water heaters.

Contents Coverage

Contents coverage includes your personal belongings. This means items such as your clothes, food, curtains, carpets not covered in the building policy, furniture, washers and dryers, and portable microwaves and dishwashers. It also includes up to $2,500 in items such as artwork and decor and valuables. It does not cover home improvements. 


In addition to purchasing an insurance policy, waterproofing is one of the best investments you can make in your home, particularly if you live in a flood-prone area. Warren County, OH, residents trust Cincinnati Basement Waterproofing & Drainage to safeguard their homes. In addition to basement and foundation waterproofing, this Cincinnati-based company also repairs existing damage. Call (513) 898-9723 to speak with a helpful team member or visit their website to learn more about their waterproofing, drainage, and damage restoration services.

Other Announcements, Events and Deals from Cincinnati Basement Waterproofing & Drainage
3 Signs You Need Foundation Repair, Lebanon, Ohio
Concrete lasts for decades if you take care of it properly, but nature has many ways to interfere. Heavy rains and snow, extreme heat, and freezing cold affect concrete and the soil ...read more
A Guide to Bowed Basement Walls and How to Prevent Them, Lebanon, Ohio
Since a home is a significant investment for many people, any damage to the property is a serious issue, but one of the most concerning problems occurs with the f...read more
The Dangers of Poor Yard Drainage & How to Prevent Them, Lebanon, Ohio
While your home may keep you safe from the elements, it’s not immune to environmental risks. For example, a property with poor drainage can suffer a number of consequences, both...read more
The Top 4 Signs of Yard Drainage Problems, Lebanon, Ohio
Yard draining problems often arise when your property doesn’t have the right amount of slope, or when gutters and downspouts are clogged or nonexistent. Without proper drainage, seve...read more
An Introduction to Sump Pumps, Lebanon, Ohio
A sump pump is a device that automatically removes water from the low-lying areas of a home, such as a basement or crawlspace. Having a sump pump reduces the risk of water damage and...read more