Many businesses and homeowners go without flood insurance. They figure the odds are low that anything will happen. Some people may think that a flood is covered under their current policy. Let us correct you; unless you have added the coverage, it is excluded. We agree that the probability is low, none the less, it does exist. Some mortgage companies may even require flood insurance, depending where your home is located.
In the aftermath of Hurricane Sandy, businesses, homeowners and renters are discovering what flood insurance covers — and what it doesn’t — while those with minimal or no insurance may be reconsidering flood insurance. In New Jersey, thousands of families are still displaced with little indication of when and if they’ll be able to return to their pre-Sandy lives.
If your home is in a flood zone, the National Flood Insurance Program (NFIP) offers coverage U S Select Insurance can help you secure affordable coverage.
Insurance is all about understanding risks, and not every homeowner is equally at risk for flood losses. Your risks depend on how close you live to rivers, streams, lakes or flood zones, or how well your home was built to withstand losses. The last thing we want, is for you to be knee deep in water without the proper insurance. We recommend you consider the options, contact U S Select Insurance today.