No. Standard homeowners policies in the U.S. exclude flood damage. Flood coverage is sold separately, most commonly through the National Flood Insurance Program (NFIP) or some private carriers. If you live anywhere that water can pool — not just designated flood zones — ask your agent about flood coverage.

Actual cash value (ACV) pays what your damaged property was worth at the time of the loss — the cost to replace it minus depreciation. Replacement cost pays what it would cost today to buy a similar new item. Replacement cost policies cost a bit more in premium but pay much more in a claim.

Roof age is one of the strongest predictors of future claims (storm damage, leaks). Many insurers offer better pricing on newer roofs and may require an inspection — or refuse to renew — on roofs above a certain age. Documenting recent roof work can help.