Following this week’s winter storms that impacted much of the state with rain, ice, snow, and sleet, the Illinois Department of Insurance is reminding homeowners and renters to review their policy coverage and make informed decisions about flood insurance. If Illinois residents have questions or concerns about their insurance coverage, they are urged to call the Department’s Insurance Consumer Hotline toll-free at 1-866-445-5364 or visit http://insurance2.illinois.gov.
“The Illinois Department of Insurance is here to assist with any questions about policy coverage,” said Acting Director Anne Melissa Dowling. “Basic homeowners insurance does not cover floods, so it’s important for consumers to determine flood insurance options.”
The Department offers the following flood insurance information for property owners and renters:
– Flood insurance is available in nearly 900 communities in Illinois. Flood Insurance is available anywhere within those communities; both in or out of the mapped flood hazard areas.
– Call your insurance agent or company to inquire about the availability of flood insurance in your area. Keep in mind that flood insurance becomes effective 30 days after it is purchased,
so the sooner you talk to your insurance agent or company the better.
– The average flood insurance policy cost will vary by location and coverage limits.
– Standard flood coverage does not typically cover damage resulting from sewer backups or sump pump issues. Ask your insurance agent or company if such additional coverage is
appropriate to add to your policy.
– There are steps you can take before a disaster strikes to make it easier to file and recover insurance claims. For example, homeowners or renters should take an inventory of their personal property and make photocopies of their insurance policies, keeping all such important papers in a secure location away from home. Taking pictures of various rooms and their contents is also a great way to document the contents. A sample home inventory sheet is available at the Department’s website.
For more information about insurance coverage in the event of a flood or other disaster, visit the Department’s website, http://insurance2.illinois.gov.