Learn about the risks that we can help you stay prepared to face
Explore the topics below to prepare you and your home for anything
Anywhere it Rains, it can Flood
Flooding is America’s number one natural disaster. Your homeowners policy does not cover your home or belongings for flood damage. To protect your valued possessions, you must purchase a separate flood policy.
How does your Flood Insurance Work?
Lighthouse participates in the National Flood Insurance Program (NFIP) as a Write Your Own (WYO) carrier. Generally, there is a 30-day waiting period from the date of purchase before your policy goes into effect, so it’s important to act quickly.
Flood insurance can be significantly less expensive than repairing the damage with a Federal Disaster Assistance loan. Plus, you can save up to 2.5% on your homeowner’s policy when you purchase Lighthouse.
Floods can occur anywhere and at any time. Still, many occur seasonally, such as when the snow melts in the spring, during the hurricane and monsoon seasons, or during particularly heavy rainstorms. It is most common in low elevation areas.
- Move to higher ground.
- Do not walk or drive through flooded areas.
- If floodwaters are suddenly moving around your car, do not get out.
- Do not drive over bridges if the water below them is moving quickly.
- Your vehicle can be carried away in just one foot of water.
- You can be knocked over in only six inches of water.
- Flooding affects all 50 states
- Just a few inches of water can cause tens of thousands of dollars in damage
- Hurricanes and winter storms are common, but often overlooked causes of flooding
- Flood insurance claims average more than $3.5 billion per year
- Federal disaster assistance is usually a loan that must be paid back with interest
- Everyone lives in the flood zone—find your zone
- If you live in a Special Flood Hazard Area (SFHA) or high-risk area and have a Federally backed mortgage, your mortgage lender requires you to have flood insurance
- Preferred Risk Policies provide building and contents coverage for moderate- to low-risk areas at one low price
- You are eligible to purchase flood insurance if your community participates in the National Flood Insurance Program.
- In high-risk areas, your home is more likely to be damaged by flood than a fire
- When your community participates in the Community Rating System (CRS), you can qualify for an insurance premium reduction discount of up to 45% depending on your area
- There are currently more than 5.3 million flood policies in force across more than 22,000 communities in the U.S.
- The two most common reimbursement methods for flood claims are Replacement Cost Value (RCV) and Actual Cash Value (ACV). The RCV is the cost to replace damaged property. It is reimbursable to owners of single-family, primary residences insured to at least 80% of the building’s replacement cost.
Did you know you can bundle your flood insurance and homeowners insurance with Lighthouse?
Wildfires can Occur Anywhere
Wildfires can be started naturally, for example by a lightning strike, or by people accidentally or intentionally. Though wildfires can occur at any point during the year, the risk is much higher during the dry season. The dry season can cause trees, grass and brush to burn easier.
- Evacuate when you are told to do so.
- Keep an emergency kit ready to go if a Fire Weather Watch is in effect.
- Know your evacuation routes.
- Sign up for your local alert system.
- Maintain your home (i.e., clean roof, gutters and lawn debris) and ensure that your home is covered in the event of a wildfire. You can review your policy, contact your agent or call your insurance carrier’s customer service department to check.
- Make sure your garden hose is long enough to reach as far as needed to protect your home.
- Report wildfires in your area to authorities ASAP.
Source: For more information on wildfires, visit Ready.gov.
Use these Tips During Winter Weather
If you need to heat your home, be sure to do so safely by following instructions for heating devices. The risk of carbon monoxide poisoning is much higher in the winter months due to people unsafely trying to heat their homes. Exposure to dangerous conditions may lead to injury or death.
- Make sure you have an emergency kit ready for winter weather hazards.
- Make sure to properly use space heaters.
- Make sure your home is well insulated – this is beneficial for both winter and summer.
- Bundle up! Having too many layers is better than not enough.
- Stay dry – you cannot maintain your body heat well if your clothes are wet.
- If you lose power and use a generator, store your generator according to the safety instructions.
- Bring your pets indoors.
- Get medical attention immediately in the event of hypothermia.
- Know the dangers of carbon monoxide poisoning.
Source: For more information on winter weather, visit Ready.gov.
In the Event of a Disaster
Your state Governor may declare a State of Emergency. This allows local and federal officials to work together and distribute resources to the places where they are needed most. Officials monitor the issue and provide updates as needed. This ensures that there is no hindrance in the transportation of supplies and assets and keep communities safe.
In the event of an emergency, information about road conditions, evacuation, shelters and disaster preparedness in your state can be found here.
State Emergency Response Teams provide the following assistance:
Military Support: The National Guard is available and called upon if needed. Each state has their own National Guard members standing by to mobilize immediately.
Law Enforcement: Your state Highway Patrol monitors traffic and coordinates evacuations.
Transportation & Public Works: Your state or local department of transportation will monitor road conditions, assist in evacuations if necessary and coordinates with construction companies to clear away road construction tools and supplies.
Power and Utilities: Local power companies begin reporting outages and repair statuses as well as gather additional external resources/partners if needed.
Fuel: Gas is typically one of the first items to run out during a disaster. State officials contact emergency fuel providers to ensure fuel supply does not run out.
Shelters: State and local officials prepare mass care shelters when necessary.
Public Health and Medical: The Department of Health coordinates and reaches out to hospitals, assisted living centers, nursing homes and shelters to ensure measures are taken to properly prepare.
Water Management Districts: Districts monitor waterways and adjust water flow if necessary.
Review your Policy
Having the proper insurance coverage for your area is the first step to recovering from a disaster. Make sure you are covered for common disasters such as tornadoes, hurricanes, or flooding. Lighthouse Property Insurance Company offers customizable coverage for your home, condo, rental, or dwelling fire property.
Flood coverage is not included in your home insurance policy, so be sure to bundle it with your other Lighthouse policies!