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.
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