Flood insurance plays a crucial role in helping our citizens return to school, work and home after any disaster. In Louisiana, around 29,000 survivors filed claims for the flood and FEMA paid out more than $400 million to their policyholders.
Here at NoBSFloodInsurance.com we we see a lot of flood insurance claims being made. While we’re glad that our customers are taken care of with the protection we helped them choose, using your flood insurance is no replacement for preventing flood damage to begin with. Here’s 5 easy ways to reduce the risk of flood damage to your home
Continue reading “5 Easy Ways to Reduce Flood Damage Risk to Your Home”
When most homeowners think about flood insurance they think about a wall of water rushing through the home carrying away all your belongings into the street which has now become a river. The reality is that flood damage more frequently results from as little as an inch of water.
A flood can happen at any time and often comes at the most unexpected moment. And since here in the U.S. you need to purchase flood insurance 30 days before the policy goes into effect before you think you need it.
According to the National Associate of Insurance Commissioners, 33% are under the impression that flood damage is covered by homeowners insurance. However this is not the case! Since floods nearly every property is potentially at risk for flood damage and it can be extermely expensive it brings up the obvious question, why?
We field a lot of great questions about flood insurance related to the differences between Preferred Risk and Standard Flood policies so we figured it be helpful to compile them all into one blog post. Here are the most frequently asked questions we get about Preferred Risk and Standard Flood Insurance: Continue reading “Preferred Risk Vs. Standard Risk Flood Insurance – FAQs”
There’s a lot of misinformation out there about all types of insurance and flood insurance is no exception. Flood insurance is different from most other types of insurance in many different ways and that lends itself to common misunderstandings that have a tendency to spread like floodwater. (please excuse the pun). Here are 5 of the biggest lies you’ve been told about flood insurance: