Hastings Insurance Solutions Home Page
Auto Insurance Personal Home InsuranceInsurance Lines

Did you know that homeowners insurance doesn't cover ANY damages or losses attributed to floods, regardless of origin - hurricanes, torrential rains, or tornadoes. Many don't realize this until it's too late, and they're absorbing losses themselves.

Experts expect our extreme weather patterns of the past two years to continue. So what can homeowners do?

The NFIP

Flood insurance is available through the National Flood Insurance Program (NFIP), a government program that provides contents and structural coverage through participating insurance companies.

Premiums depend on location and coverage options, providing either structure coverage, contents coverage, or both. Those living in low-to-medium risk areas qualify for Preferred Risk Policies (PRPs). As of October 1, 2013, PRP premiums start at $129 for properties without basements or enclosures.

What's covered

Depending on your coverage, flood insurance will cover damage to personal belongings as well as structures. However, many types of damage aren't covered, including those resulting from mold or moisture that could have been prevented, or damage to items outside insured structures, such as swimming pools, trees, and septic tanks.

Flood insurance is required for residents mapped as living in high-risk areas. But because of the increased claims resulting from extreme weather (consider the damage from Hurricane Sandy) re-mapping is underway, and this may change.
           
Check with us for the most recent flood insurance information information. Give us a call at (563) 355-0262 or send us a message.

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Footer Agent Websites by Insurance Website Builder Home Page About Us Carriers Get A Quote Refer A Friend Contact Us Join Our Newsletter LinkedIn