Flood insurance is designed specifically to provide protection to your property for any loss that results from flooding. Since most of Florida is in a flood zone, this is valuable coverage that you should consider. In Florida, the effects of flooding from a hurricane or tropical storm can be devastating. What’s worse is that your homeowners insurance does NOT provide flood coverage. With rising waters and flash floods, it’s becoming increasingly important to obtain this policy. Flood insurance can help you get back on your feet and back into your home after a disaster. Call one of our agents today and get your property protected. We serve residents of Pompano Beach and surrounding cities.
The average flood loss is $45,000.
There is a waiting period before your flood insurance policy goes into effect, typically 30 days from the application and premium payment date.
Flood insurance can help protect you even if a federal disaster isn't declared.
Nearly 25 percent of all flood insurance claims come from areas not considered high risk.
If flood insurance is required for your mortgage loan, you may not have to wait 30 days. Usually, the loan closing date will be the effective date.
Less than 50 percent of all flooding incidents are awarded a Federal Disaster Assistance declaration, and most disaster assistance is provided in the form of a loan that must be repaid with interest.