Cornerstone’s Joshua Butts was recently quoted in a TBO.com article on flood insurance.
The bottom line: A standard homeowners policy does not cover flood damage from rising water.
“You’re not covered at all,” said Joshua Butts, owner of Cornerstone Insurance in Tampa. “They are going to have to pay out of pocket. We’ve seen people who have had damage but did not purchase a flood policy. That’s what you don’t want to see, and that’s why we really try to get the message out to everybody we can tell.”