Flood Insurance
Your home is one of your most significant investments. To protect this investment, you must make wise insurance choices. At Bill Nesper Insurance Servcies Inc., we are here to help Florida residents better understand their insurance options. Keep reading to learn more about flood insurance.
Flooding In Florida
Parts of Florida are considered high flood risk. This is why it is essential that homeowners fully understand their need for flood insurance. Overlooking this critical type of coverage could result in costly repairs or loss of your home.
Flood Coverage and Homeowner's Policy
You should know that flood coverage is rarely included in a homeowner's policy. The reason for this is that flood risks vary significantly from state to state and from region to region. This makes it challenging to create homeowner's policies that could include proper flood protection.
Flood Coverage Risk
Your risk for flooding must be determined by an insurance professional. They will better evaluate your home's location to understand the dangers of flooding in the area. They will also evaluate the flood history of the area. All of this information is used to create the proper amount of flood coverage for you and your family.
Natural Disaster Vs. Other Types of Flooding
There are different types of flooding, and these differences play into home insurance coverage. Flooding that results from a natural disaster is often not covered in a homeowner's policy, while flooding that results from faulty plumbing or an appliance malfunction would be. Be sure you are aware of these differences when shopping for flood or homeowner's insurance.
If you want to learn more about flood insurance or any of our other products, please contact us at Bill Nesper Insurance Services Inc. We will be happy to help you.
