According to FEMA flooding is the most common natural disaster in the United States, affecting every state. Although in many cases the causes of flooding are dramatic, including storms, tidal surge, dams or levees breaking, it is important to remember that floods can happen anytime, anywhere—to anyone. An extended rainy period, snowmelt or backed-up storm drain could bring inches of water into your home and cause thousands of dollars in damage to walls, floors and furniture.
Flooding can be a calamitous event, both emotionally and financially. No home is completely safe from potential water damage and just because you haven’t experienced a flood doesn’t mean you never will. Without flood insurance, most home and business owners must pay out of pocket or take out loans to repair and replace damaged items. Flood insurance can be the difference between recovering and being financially devastated.
FACT: Homeowners and renters insurance does not typically cover flood damage.
FACT: More than 20% of flood claims come from properties outside high-risk flood zones.
FACT: Flood insurance can pay regardless of whether or not there is a Presidential Disaster Declaration.
What is Covered?
Although policies and deductibles vary, typical coverage includes:
What is the Cost?
The cost of flood insurance depends on a number of factors including:
Although the National Flood Insurance Program (NFIP) rates do not differ from company to company, at Dwyer Insurance we have numerous options from which we will select a policy perfectly tailored to suit your property and budget. Our clients typically enjoy significant savings with our customized flood insurance coverage plans vs. standard NFIP rates.
Some Content: Floodsmart.gov
Category: "featured", February, Flood Insurance, Homeowners' InsuranceTags: #FloodInsurance, #FloodInsuranceCoverage, #FloodInsuranceOptions, #FloodPreparation, alternative flood insurance coverage, D.F. Dwyer Insurance, Flood Insurance, Homeowners' Insurance, protect your home, storm preparation
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