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5 Major Benefits of Flood Insurance

Tue, Nov 06, 2018 at 5:05PM

5 Major Benefits of Flood Insurance

In the devastating wake of Hurricane Michael, many changes are already being discussed. That includes stricter building codes and possible new insurance requirements. The massive storm tore through the Florida Panhandle in October, destroying houses and property. Many people lost their lives. Others will never again be able to return to their homes or workplaces.

While no one can predict the full force and patterns of Mother Nature, there are ways you can keep your property and loved ones protected. One of those is getting comprehensive flood insurance. Doing so could help you avoid a total loss scenario. Read on to discover the big benefits of securing this important safeguard.

1) Protect Your Property

Did you know that just one inch of water can cause more than $25,000 worth of damage to your home? Also, more than 20 percent of flood claims come from homes outside of listed flood zones. Those statistics from the Federal Emergency Management Agency (FEMA) are a sobering thought.

Many people mistakenly believe their homeowners insurance policy covers floods. That’s not always the case. Others think there has to be a Presidential disaster declaration for insurance benefits to be paid. To avoid confusion, it’s essential to discuss your options with a reliable insurance firm. These friendly and knowledgeable professionals can help you make a personalized coverage plan unique to your desires and requirements.

2) Keep Your Loved Ones Safe

While FEMA aid is a helpful asset in the wake of tragedy, it’s wise to remember that this isn’t your only option for assistance. If your workplace is affected, loans are available through the U.S. Small Business Administration. FEMA disaster grants are also awarded.

You can also take a more proactive approach and secure comprehensive flood insurance before an incident occurs. This helps ensure your family and property will be taken care of should the unthinkable happen. Plus, when you work with a trusted and reputable firm well-versed with flood insurance, you’ll glean valuable insight and information not available from other outlets.

3) Improve Your Home’s Value

If you live (or have lived) in the high-risk flood zone, you might be required to purchase flood insurance. However, outside of mandates, it’s still wise to secure this essential coverage. Along with the mentioned benefits, there are many other reasons why doing so simply makes sense.

For example, the pride of ownership you display by protecting your property shows you’re a homeowner who cares about not just your own house, but the community as a whole. You could even be a trailblazer, encouraging others in taking the necessary steps to keep their property and loved ones safe.

4) Ease and Flexibility   

Some people don’t buy flood insurance because they think it’s an overly-complicated process. Others have fallen for rumors and outright lies. The fact is, this coverage is both affordable and straight-forward. Also, it could save you thousands in property repair or replacement.

The best way to learn the facts about flood insurance is to meet with a dependable firm. Skilled and qualified agents can help you separate fact from fiction, and create an insurance plan tailored to your needs.

5) Peace of Mind

In the wake of severe weather or any type of devastating incident, your first thoughts will naturally turn to the security of your pets and loved ones. You also want to know that your property is safe to inhabit after the storm has passed. As all this is happening, both time and energy are in limited supply. Why subject yourself to undue stress?

For more than 16 years, we’ve assisted countless Florida residents like you with a  variety of insurance needs. From flood insurance to auto, homeowners, business and commercial, and more, we have innovative insurance solutions to protect your property and family. Contact us today to learn more about the simple and cost-effective process of securing essential flood insurance coverage.



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