What type of insurance covers damage caused by flooding?

Flood insurance is specifically designed to provide coverage for damages that result from flooding. Flooding can occur due to various reasons, such as excessive rainfall, storm surges from hurricanes, or the overflow of bodies of water. This type of insurance is essential because standard homeowners insurance policies typically do not cover flood damage.

Flood insurance typically provides compensation for the repair or replacement of structures and contents that are damaged or destroyed by floodwaters. This specialized coverage is crucial for homeowners in areas that are prone to flooding, allowing them to mitigate financial losses resulting from such natural disasters.

The other types of insurance mentioned do not specifically cover flood-related damages. Earthquake insurance focuses on damage caused by seismic activities. Homeowners insurance may cover some water damage but explicitly excludes flooding unless additional flood coverage is purchased. Auto insurance generally addresses damage to vehicles resulting from various perils but does not encompass property damage from floods.