I’m starting to think we’re big dumb dumbs because we’ve already replaced 630 square feet of carpet in our basement that was ruined in the last flood ($1,300 for anyone who’s keeping track, including a wet/dry vac, and pulling the carpet out), and now I’m panicked we’re going to flood again this week!
I know I will get my exercise today running up and down the stairs checking to make sure no water is coming into the basement.
The thought (stupidly) never even occurred to me the last time. So what we’ve gotten more than 20 inches of rain in 24 hours. We’re not on a flood plain. We’ve never had water come into our house.
It took us three weeks to recover from just that inch or two of water seeping under the basement door. It was sopped up by the carpet and the thick padding underneath.
When the carpet was finally pulled up about four days after the flooding, almost every area underneath was wet. We had no idea it was that wide spread.
I have called our insurance company about getting flood insurance. (Again we’re not anywhere near a flood plain but now we are paranoid!) It takes 30 days for flood insurance to kick in so it won’t help if it does flood again this week, but I think we’re still going to do it.
The price for the flood insurance was pretty reasonable. I’m not an insurance expert but I believe it’s based on how close you are to sources of water (including outdoor pools – they asked if we or our immediate neighbors had a pool) and if you are on or near any flood plains.
For our house, it was approximately $144 a year for $20,000 worth of coverage for damage to the house itself and $8,000 in damage to personal property. (Carpet would have fallen under personal property.) There is a $1,000 deductible for each part of the policy.
I’m leaning toward the $173 a year for $30,000 worth of coverage to the house and $12,000 to personal property. (Also $1,000 deductible.)
The agent told me that the average cost of repair for 1 foot to 2-feet of water in a basement is $30,000 to $50,000.
We were lucky we didn’t have any drywall damage. That would have been much more expensive.
So, I guess all I can do is keep checking today and make sure all my drain spouts are headed away from the house and draining properly.
Are you considering flood insurance now? Are you on or near a flood plain? Have you gotten any quotes? Did you find them reasonable for the protection? Have you already replaced your damaged areas? Are you worried about them getting flooded again?