Flood Coverage is very necessary

Flood Coverage is very necessary

March 23rd, 2011 // 12:27 pm @

Unfortunately, floods can be a frequent and expensive part of life. Causes include rivers overflowing, levees breaking, large snowfalls melting and intense rainfalls in short time periods. According to the Federal Emergency Management Agency (FEMA), floods cost an average of $3.7 billion annually from 1988 to 1997. Many people are not aware that basic home insurance does not cover flooding.

 Nearly 25 percent of flood claims come from low-risk areas, and high risk areas are five times more likely to experience flooding than fire. I can help you get flood insurance through our flood placement program. While a flood policy does not take effect until 30 days after purchase, you need to know federally-backed flood insurance provides limited coverage for structural damage, flooring replacement, flood debris clean-up and property replacement. “Excess” flood insurance coverage is available.

 Dealing with flood damage is a lot easier when you are prepared. Please call or email us with any questions.

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