| FLOOD DAMAGE. Just a few inches of water from a flood can cause tens of thousands of dollars in damage. From 2008 to 2012, the average residential flood claim amounted to more than $38,000. Flood insurance is the best way to protect yourself from devastating financial loss. | ||
| GET COVERED. Flood insurance is available to homeowners, renters, condo owners/renters, and commercial owners/renters. Costs vary depending on how much insurance is purchased, what it covers and the property’s flood risk. For the Preferred Risk policy, premiums start at $290/year. | ||
| DON’T WAIT! Typically, there’s a 30-day waiting period from date of purchase before your policy goes into effect. That means now is the best time to buy flood insurance. | ||
| CHANCES ARE… What are your chances of experiencing a flood? Floods are caused by storms, hurricanes, water backup due to inadequate or overloaded drainage systems, as well as broken water mains. Nearly 20% of flood claims come from moderate-to-low risk areas. | ||
| SAFETY PLAN. Flooding can happen at any time. Create a family plan today to help minimize potential losses and ensure your family’s safety. Don’t forget to plan for your pets! Visit Floodsmart.gov/familyplan or Ready.gov/prepare for helpful tips and more information about how you can be prepared. | ||
| To learn more contact us or purchase a flood insurance policy, contact Cathy Sink Agency today! |
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Flood Insurance Important Facts
