If you currently live, or are going to purchase a home, in an area which has been declared “high-risk for flooding”, then you’ll certainly want flood insurance for your property. But, what if you don’t live in an officially designated flood prone area near a stream, river or other low-lying area? Getting a flood insurance quote and purchasing flood insurance is still a really good idea. There is nothing worse than starting a life in a home and creating memories and losing it all to a flood issue.
Far too often a flood is thought of as an event which is catastrophic to a general area when nearby water ways overflow their banks. Yet a portion of a home can more commonly flood with just an inch or two of water from poor property drainage which causes the surrounding storm runoff to build up and rise until property begins to take on water. When water rises up to the property, it’s a flood and when water rises up a property only flood insurance covers the financial loss.
Your standard homeowners insurance does not have flood insurance included. Flood insurance is commonly offered by the National Flood Insurance Program or NFIP. Lunar Insurance Agency can find you a flood insurance plan that will fit your needs.
Why Flood Insurance
Far too many homeowners never think about needing flood insurance until it’s too late. There have been countless instances where rains cause the water to rise, or filled small streams, turning them into rivers that creep higher onto property and eventually into homes.
Torrential rains can change everything in a fairly short amount of time. Flooding is devastating, but flood insurance can help keep you afloat.
Lunar Insurance Agency can help you with a flood insurance quote. We will search for the best flood insurance rates and proper flood insurance coverage to protect property, possessions and structures.
UNDERSTANDING YOUR FINANCIAL FLOOD RISK
Use the tool below to see how much flood damage, even from just a few inches of water, can be very costly.