Flood Insurance: Flood insurance covers a dwelling for losses created by water damage, from rising water. No home is completely safe from potential flooding. Flood insurance can be the difference between recovering losses and being financially devastated. Just one inch of water in a home can cost more than $25,000 in damage—why risk it? Flooding can be a devastating event. Without flood insurance, most residents must pay out of pocket or take out loans to repair and replace damaged items. With flood insurance, you’re able to recover faster and more fully. Here are a few facts you may not know regarding flood insurance.
- Home and Renter’s insurance generally does not cover flood damage
- Just because you aren’t in a high-risk flooding zone, doesn’t mean you’re safe. Over 20% of flood claims come from properties in low-risk flood areas.
- Just one inch of water in a home can cost more than $25,000 in damage
Seeman Holtz Property & Casualty is headquartered in Boca Raton, Florida with offices nationwide and our dedicated customer service team would be happy to assist you. If you would like to learn more about flood insurance or receive a quote, click on the link or give us a call (844) 255-6639.