Click to Call
Send us a Text
Get Directions
Keepsakes and mementos carry invaluable sentimental worth. Some people consider these items priceless.
The question is: will flood insurance cover such personal items after water damage?
Our Scranton, PA, flood insurance team is here with the answers.
Mementos and Flood Insurance
Flood coverage is extensive, but it has its limits, particularly for personal property damaged by floodwater.
Generally, a standard flood insurance policy provides some coverage for high-value "specialty" items, though the specifics vary by policy.
For example, NFIP flood insurance policies typically cap coverage for specialty items, such as fine art, collectibles, furs, and jewelry, at a combined limit of $2,500.
Protect Your Mementos
Whether you own collectibles, photos, autographed items, memorabilia, or family heirlooms, protecting them is ultimately your responsibility. Ideally, valuables like these should be stored at a higher elevation in your home to reduce the risk of water exposure.
It’s also worth noting that many flood insurance policies reimburse for antiques based on their actual or functional value, rather than their sentimental or perceived value. This means replacement costs are paid out up to the policy’s specific cap.
Ask for a Personally Tailored Policy
If you own valuable mementos or keepsakes, do your research. Ask questions, raise concerns, and you’ll often find there’s more flexibility than expected. Once you secure a flood insurance policy tailored to your specific needs, you’ll be able to rest easier.
Bartal Insurance Is on Your Side
Are you in the market for a home in Scranton, PA? Perhaps you’re considering flood insurance. Dial 570-344-0211 today for a customized quote through Bartal Insurance.
