If you do not have flood insurance, talk to your insurance agent. Homeowners insurance policies do not cover damage from floods. However, because the City of Nassau Bay participates in the National Flood Insurance Program (NFIP), you can purchase a separate flood insurance policy.
This insurance is backed by the federal government and is available to everyone, even for properties that have been flooded. Some people have purchased flood insurance because it was required by the bank when they got a mortgage or home improvement loan.
Usually, policies just cover the building structure and not the contents. Often, there is more damage to the furniture and contents than there is to the structure. If you are covered by flood insurance, check the amount and make sure you have contents coverage. Flood insurance covers all floods from rising water. Remember, even if the last flood missed you or you have done some flood proofing, the next flood could be worse.
Do not wait for the next flood to buy flood insurance. There is a 30-day waiting period before the NFIP coverage takes effect. Contact your insurance agent for more information on rates and coverage. Another agency you may find to be helpful is the Texas Department of Insurance.