Three Things You Probably Don’t Know About Flood Insurance
- Most floods occur outside of special flood hazard areas. This means that even though you may not be required to have flood insurance, you probably still should have it.
- Flooding can occur in many ways such as from a storm surge, clogged street drains & torrential downpours to name a few. Without a seperate flood policy, you will not be covered.
- Just a few inches of water can cause thousands of dollars in damage.
Flood Insurance Coverage
Protect your personal belongings and more. We make it easy for you to attain peace of mind knowing that your valuables are covered. We will start by checking the requirements on your property, and see if you are in a flood zone. Flood insurance is mandated by the federal government, and there are two types of policies sold depending on if you are in a flood zone
Preferred Flood Insurance rates are very affordable. Don’t let your home be at risk. Rates starting at $171 a year.
Types of Flood Insurance
- Standard Flood Insurance
Standard flood policies will be rated based on things such as the elevation of your home, and construction. Keep in mind that we may require an elevation certificate to properly bind coverage if you are in a zone. Elevation certificates are given upon completion of the survey of your property. Contact us if you have questions about standard flood rating.
- Preferred Flood Insurance
Preferred flood rated policies mean that you are not in a zone requiring you to have flood insurance. This does not mean that you still should not have a policy. Preferred policies are very affordable, and can save you from paying out of pocket. Just a few inches of water can cause thousands of dollars in repair. Also, a very high percentage of claims filed last year were from homes not in a standard flood zone. Talk to an agent today if you fall in this category to get protected in the event of a flood.