DO YOU NEED FLOOD INSURANCE?
Just a few inches of water from a flood can cause tens of thousands of dollars in damage. Over the past 10 years, the average flood claim has amounted to over $33,000.
IS THERE COVERAGE IN A HOMEOWNERS POLICY? No. It is a separate policy. Flood insurance is available to homeowners, renters, condo owners/renters, and commercial owners/renters. Costs vary depending on how much insurance is purchased, what it covers, and the property’s flood risk.
WHAT IS A FLOOD?
Many conditions can result in a flood: hurricanes, broken levees, outdated or clogged drainage systems and rapid accumulation of rainfall or rising rivers after heavy rains or fast melting snow pack.
Flood-hazard maps have been created to show different degrees of risk for your community, which help determine the cost of flood insurance. The lower the degree of risk, the lower the flood insurance premium.
Contact Solutions Insurance Agencies to find out if you need a Flood policy for your home or business.