It’s common knowledge that flood insurance isn’t covered on a homeowner’s policy. Most people understand it’s a separate coverage that homeowners, especially in Florida, should have to cover their assets in the event of a flood. But, there are a lot of things people don’t know about flood insurance. Here are three of the most important:

What you don’t know about flood insurance can hurt you. If you’re a homeowner, or even just renting a place on a flood plane, it will be worth your while to talk to your insurance agent to see what the rates are in your area.