Homeowners Insurance vs. Flood Insurance: What’s Covered and What’s Not?

Many homeowners in Tulsa, OK may assume their standard policy covers all types of water damage, but that’s not always the case. Royal Insurance is here to help you navigate these important distinctions so you can make informed decisions about your coverage.

Homeowners insurance is designed to cover your home and belongings from a range of risks, such as:

• Fire and smoke damage
• Theft and vandalism
• Wind and hail
• Certain types of water damage, like burst pipes

However, standard homeowners policies typically exclude damage caused by flooding from sources outside your home. This means if heavy rains or overflowing rivers cause water to enter your home, your homeowners insurance likely will not cover the repairs.

What Does Flood Insurance Cover?

Flood insurance is a separate policy that specifically covers losses caused by flooding. This includes:

• Water damage from overflowing rivers, lakes, or streams
• Flash floods and heavy rainfall that lead to water entering your home
• Damage to your home’s structure and your personal belongings

Flood insurance is especially important in Oklahoma, where severe weather and flash floods can occur with little warning. Without this coverage, you may be responsible for costly repairs out of pocket.

Why You May Need Both Policies

Relying on just one type of insurance can leave gaps in your coverage. By carrying both homeowners and flood insurance, you can help ensure your home and belongings are covered against a wider range of risks.

Our team at Royal Insurance is committed to helping Tulsa-area homeowners find the right combination of coverage for their needs. If you have questions about your current policies or want to explore your options, please contact us today.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.