Flood insurance covers losses to your property caused by an overflow of inland or tidal waters, an unusual, rapid accumulation or runoff of surface waters, or mudflow. From structural and mechanical damage to flood debris clean-up and replacing or restoring floor surfaces, your investment is protected by a flood insurance policy. Coverage for these losses are not offered by a homeowners policy.
Having flood insurance provides you many benefits; it:
- Compensates for all covered losses
- Compensates for flood damages even if federal disaster aid is unavailable
- Pays for your covered losses, unlike interest-bearing loans through federal disaster assistance
- Comes in low-cost policies for those who qualify
- Guarantees compensation for flood damages because the Federal government backs NFIP flood insurance
- Helps you move on - if your property is damaged by flood, your agent is there to help you handle your claim (note: most claims are paid within 30 to 60 days)
If you should have any questions regarding flood insurance, or we can assist you with a quote, please feel free to contact our office.
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