Did you know that just one inch of water in a home can cause over $25,000 in damage?Â
Most people don’t have that kind of money set aside for a flood emergency, and that’s where flood insurance steps in.Â
The best time to buy flood insurance is before you actually need it. Most policies take up to 30 days to go into effect.
Flooding can happen anywhere and anytime it rains within or outside of the high-risk zones. Low-risk flood zone does not mean no risk. Over 25% of flood insurance claims come from outside the high-risk areas.
If you are purchasing a home in a high-risk flood area and have a government backed loan, your lender will require flood insurance. The Federal Emergency Management Agency (FEMA) recommends flood insurance for the medium and low-risk areas as well.
"*" indicates required fields
"*" indicates required fields
"*" indicates required fields
"*" indicates required fields