After The Floods

As the flood cleanup continues, we have had a lot of calls regarding flood  insurance.  Here are some important points to remember:

*A flood occurs when two or more properties or two or more acres of land that are normally dry become overtaken by water or mudflow.  A number of things can cause a flood, including rapid rainfall accumulation, tropical storms, failure of or flooding over a levee, rapid snow melt, ice jams, clogged drainage systems.

*Most homeowner’s policies do not cover flood damage.

*We all live in flood zones, but every area has a different level of risk:  low, moderate, or high.

*More than 20 percent of flood insurance claims come from those living in moderate to low risk areas, according to the National Flood Insurance Program.

*Preferred flood policies are running around $450 a year.  Hazard policies can be $800 or more.

We are happy to run a flood policy quote for you.  The information we need includes:

• Property address
• Is the the home is built on a crawl space, basement, or slab?
• Do you have an attached garage?
• Is the home is a primary residence, secondary, or rental?

Is the house in a hazard flood zone?  If it is, we will need an elevation certificate.

Contact Ginger Carlon at 400-3530 or ginger@joynerturner.com.