Flood Insurance: The Risk Is Real

Even if you don't live very close to water, the risk of flood is still very real. You may think that because you don't live in a high risk area that flood insurance is useless. Did you know that on average, 25 - 30% of flood insurance claims come from low-to-moderate risk areas? Part of the reason for that is because it doesn't take a major body of water or major storm to cause flooding. Anything from a slow moving rainstorm to busted water or sewer mains can cause flooding. Coverage for properties in low or moderate risk areas can be purchased for as little as $119 per year making it only slightly more than 30 cents a day to protect against a national disaster.

Many people have a false sense of security believing that federal disaster aid will help them if they have a flood, therefore they choose not to purchase flood insurance. However, many areas and floods are not declared a natural disaster negating any chance of federal aid and even when they are, aid usually comes in the form of a loan which must be paid back. Unlike a loan, flood insurance pays for covered losses and doesn't have to be paid back. For residential properties coverage can be purchased for up to $250,000 on the home and $100,000 on contents. Businesses can purchase coverage for up to $500,000 on the structure and contents.

Don't wait until it's too late, call or email us today for a flood insurance quote!