Flood Insurance for Your Home
FEMA has gotten a fair amount of criticism after Katrina and after reading their “Myths-and-Facts” regarding that whole mess, I am still not wholly convinced that FEMA was/is really on the ball as far as disaster relief. Having said that, however, there is a fair amount of other information that they present that might be of use.
If you have been affected by the recent floods in the Midwest and you are insured, file your claim now!! Call toll free: 1-888-379-9531
A common misconception that home owners have is that their home insurance includes flooding. It almost always does not come along with the inherent insurance plan. You need to get it extra and on your own. “But wait,” your saying to yourself, “I don’t need that!” You might need to think again…
According to Floodsmart.gov, 25% of flood insurance claims come from low-to-moderate risk areas. We can assume that the rest come from high risk…durr. Being sure you are covered is important even if you think there is no way you think you could be adversely affected by a flood. If a flood happens, and your not covered…then thats it for you. Its doubtful your bank is going to say “Oh hey, No that’s OK! We’ll figure something out, lets forget about the whole thing!” Not gonna happen. But even if you live in the desert, on top of a mountain…you could still be affected: What about when you go away for the weekend and somehow a pipe bursts and just runs non-stop for 3 days straight? Your going to want to be protected against that.
Assess Your Risks
Everyone lives in a flood zone. Flood zones indicate areas of low, moderate and high risk. In low- and moderate-risk zones flooding can still occur. The risk is reduced but not removed. Find out what your flood risk is.
What Would Flooding Cost Me?
Take a look at this interactive tool to see the real costs of flooding. The dollar amounts are hypothetical, based on varying levels of flood damage to the main floor of a fictional 900 square-foot ranch-style home. Replacement, repair and labor costs will vary by state, home and market timing. Still a useful tool though, those costs add up quick!!
Premium Directory
Your policy’s premium will be based on a number of factors, including your risk level and the amount of coverage you want. Take a look at the “One Step Flood Risk Profile” on the left first, then look at the policies.
Frequently Asked Questions
Check this resource as well if you are at a loss for answers and haven’t gotten to the calling point yet. Let us know if there is anything we can do to help.
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Good coverage of often overlooked insurance. I’ll try out the links you suggested.