TUESDAY, MARCH 29, 2011
The Average Flood Insurance Policy costs less than $570 per year. Just a few inches of water from a flood can cause tens of thousands of dollars in damage. Over the past 10 years, the average flood claim has amounted to over $33,000. Flood insurance is the best way to protect yourself from devastating financial loss.
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.
All policy forms provide coverage for buildings and contents. However, you might want to discuss insuring personal property with your agent, since contents coverage is optional. Typically, there's a 30-day waiting period from date of purchase before your policy goes into effect. That means now is the time to buy flood insureance.
Learn your risk, contact Regina and she will provide you a Risk Profile. Webb Insurance can provide you a detailed list of what's covered regarding your building and personal property. It is also important to know what is not covered and what you are expected to do to protect your property in the event of a flood.
Let's Talk Soon,
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