When you are a homeowner, it’s important to protect your home as best you can. One way to do this is to get flood insurance in addition to your home insurance. A flood is a highly damaging disaster that can destroy a home, so it’s important to have this coverage to cover this risk. If you don’t have flood insurance, give us a call at Access Legacy Insurance Group in Brooklyn, NY to find out more.
Flood Insurance: A Comprehensive Guide
Home Insurance and Flooding
When you have home insurance, it protects you against a number of dangerous risks. However, it doesn’t protect you from floods. To get that protection, you need flood insurance. If you had a flood and no insurance for it, it would be up to you to pay for all of the repairs or the rebuilding that is necessary. It’s for this reason that flood insurance is so important.
Who Should Get Flood Insurance?
Many people believe that it’s only necessary to get flood insurance if they live in an area that is labeled as a high-risk flooding area. These areas are often close to the water and have a history of flooding. But, it’s not just those areas that flood. About one-fifth of the flood claims that are made come from areas that aren’t in these high-risk areas. For people without flood insurance, that would mean paying for extremely expensive repairs. The National Flood Insurance Program generally recommends that everyone should have flood insurance to protect themselves.
NFIP Backing
The NFIP backs flood insurance and makes it available to the public. It also sets the pricing for this coverage. This makes it easy to shop for flood insurance, as it costs the same no matter where you get it. To protect your home, it’s important to have this coverage.
Get Your Flood Policy
If you don’t have flood insurance, it may be time for you to get it. It’s a great way to mitigate some of the risks that are posed to your home. Give us a call at Access Legacy Insurance Group in Brooklyn, NY.
