Flood Insurance

COVERAGE DESCRIPTION: Flood Insurance is generally required prior to closing of a new mortgage. However, it is estimated that nearly 30% of all floods occur in low to moderate risk areas. Flood Insurance is available through the Federal Emergency Management Agency and can be secure through our office upon request.

IS THIS OPTION RIGHT FOR YOU? If you are located in flood zone we recommend this coverage. Newly developed areas can change the flow of water, so consideration should be given to the terrain and elevation of your home. Even an area that has never flooded prior can flood give an excessive amount of rain over a short period of time. A little research on your part will go a long way in determining if this is a necessary coverage.

CLAIM EXAMPLE: A home located in an area that never flooded sustains $120,000 of damage by flooding.