Why Do You Need Flood Insurance?
If you have homeowners, renters, or condo insurance, you understand the monetary and personal value of your home and your belongings. However, most of these types of insurance do not cover damages from flood, leaving responsible residents like you vulnerable regardless of where in the country you reside.
All policies are written through the National Flood Insurance Program (NFIP), which is monitored by the Federal Emergency Management Agency (FEMA). This makes premiums for flood insurance standardized amongst all insurance companies. As a result, the only factors that determine the amount you pay are those that influence how high a risk of flood your home faces.
Aside from your home and foundation, flood insurance protects:
Appliances
Installations (paneling, carpeting, built-in units, etc.)
Personal possessions and valuables
Plumbing and electrical
Window treatments
Flooding occurs in all types of areas, often affecting residents who least expect it. Since a flood insurance policy takes 30 days to go into effect after you pay your first premium, we at Diversified Risk Solutions are here to help you be prepared before you ever hear a flood warning.
