Flood insurance is a fundamental necessity if your property is located in a flood-prone area. As we discussed in previous blogs, a standard homeowner policy does not include damages caused by flooding, so you are required to have one if you live in a high-risk area. The elevation certificate is an important factor when it […]
Month: October 2018
Are You Overpaying for Flood Insurance?
What you pay for flood insurance has a lot to do with the risk of flooding associated with your property. But, is it possible that you are overpaying your premium? What can you do if your policy and quote are full of technical errors? Or worse yet, your property’s flood zone is incorrectly classified? Contact […]
Your Guide To Every Type of Flood Zone
Floods happen more than you’d think. In fact, almost 90% of all natural disasters involve flooding. To reflect the risks in each part of the country, the Federal Emergency Management Agency (FEMA) has issued Flood Insurance Rate Maps (FIRMs) that show areas of high and moderate to low risk of flooding. More than 20,000 cities […]
How To File a Flood Insurance Claim
When disaster strikes – such as a flood – you need to file a claim as quickly as possible. It’s vital to file your claim immediately and have all the supporting documents/information at hand. Your policy will help you get monetary compensation for anything that was lost or damaged in your home when flooding occurred […]