You Never Know When a Flood Will Strike

Flood Insurance will help you get back to normal when water damages your home. Floods are the leading cause of natural property damage in the United States. Floods destroy homes more than fire by four times the rate, causing upwards of $2 billion in property damage annually. You don’t have to live by water to be at risk. As a matter of face, 30% of all flood claims take place in areas that are considered low to moderate risk zones.

Don’t Let A Disaster Ruin Your Life

Unfortunately, many people don’t discover that homeowners insurance doesn’t cover flood damage until it’s too late. Federal flood insurance does, however. This flood insurance covers flooding, mudflow, and dirt and debris that resulted from moving water. If you’re a homeowner with a mortgaged property in a SFHA, Special Flood Hazard Area, you’re required under federal law to obtain flood insurance. Lenders have to comply with this federal law by providing flood insurance on your outstanding mortgage balance for the rest of the loan.

Get the Flood Insurance Coverage You Need At a Rate You Can Afford

On a positive note, flood insurance is affordable while flood damage is not. In the 1993 Midwest flood, the average property ad content loss was over $25,000. When you compare this to paying out $300 a year for flood insurance, it’s easy to see which side of the spectrum you need to be on. Your flood insurance policy will be based on the value of your home, excluding your land value. Residential buildings can have flood insurance up to $250,000 with an additional $100,000 for its contents.

Get In Touch With Us Now to Learn More

Flood policies are backed by the United States government, and this means all valid claims come with a 100% GUARANTEE. Flood insurance has a 30-day waiting period. If you want to protect your home, you need to act now. Don’t risk financial ruin by thinking you’ll never experience a flood disaster. Floods can happen in any region, whether a large body of water is near or not. If you want to learn more about the insurance options available to you, call us now for a quote.