Why You Need Flood Insurance

You might be thinking that you won’t need to worry about floods, since you live miles away from the nearest body of water. But nearly 1 in 4 flood insurance claims are paid on policies in low-to-moderate risk areas.

Anything from a broken sewer line to a slow moving rainstorm can actually cause flooding. So, your home has a 26% chance of being damaged by a flood over a 30-year mortgage life.

Most homeowner’s insurance does not cover floods. Fortunately, flood insurance is affordable. If you live in a low-to-moderate risk area, where 1 in 4 claims come from, flood insurance only costs just over $100/year. Less than 30 cents a day to protect your property from serious damages that could be exponentially more costly to fix.

Don’t wait for federal aid to cover flood damages, because most floods are not declared federal disasters, leaving you uncovered.

If you would like more information or are looking to purchase flood insurance, call one of our agents today!