Just a few inches of water from a flood can might cause thousands of dollars in damage. Over the past years, the average flood claim has amounted to approximately $48,000. Flood insurance is the perfect way to shield yourself from harmful money loss.
Flood insurance is available to homeowners, renters, condo owners, and commercial building owners. Flood insurance for HOA’s or Condo Associations is available also. Costs can vary and it depends on how much insurance is purchased, the coverage, and the property’s flood risk. In fact, even homes that are located in non-flood zones can be harmed by a flood. In fact, some of flood damages happen in areas that are not considered high risk. It is important to know what a flood is and understand the mitigating factors.
Most homeowners insurance policies does not provide flood insurance, but it can be available as a separate policy. So, how do you know if flood insurance is needed and how can you shield your home from the harm that flood brings? We at Inside Insurance make sure that our customers get the insurance that they want and needed for their beloved home. So, call us at 801-505-4300 or you may fill up our quote form and submit and we’ll get back to you asap.