If you live in the Bethlehem, PA area, owning a home could be a great option. Those that are in this area of the state will enjoy the strong local economy and amenities that can continue to add to housing demand. If you do own a property in this city, it is important to consider all of your insurance needs. There are several reasons why you may need to get flood insurance on your property if you are in this area.

When Required by Lender

One situation when you may need to get a flood insurance policy is if it is required by a lender. All lenders are going to continue to check the FEMA map to see if your home is located in a flood zone. If you are in a high-risk zone, the lender will require that you carry insurance to protect against the flood risk. They will then likely require that you escrow for your flood insurance policy payments on a monthly basis. 

When Not Already Covered

Even if your home is not in a high-risk zone, you should still consider getting flood coverage. A flood insurance policy may be a good idea even if you are in a low-risk zone but do not have flood coverage included in your base home insurance policy. This will offset the unlikely risk that your home is damaged by a flood. 

When you are looking for a flood insurance policy for your Bethlehem, PA area home, you should call the Saucon Insurance Agency. The team at the Saucon Insurance Agency is experienced at helping people to identify risks that come with their particular situations. Based on this assessment, they can then help anyone to get into a policy that provides the right coverage, which could include a full flood insurance policy.