Why Should I Consider Flood Insurance?

Why Should I Consider Flood Insurance? According to the National Flood Insurance Program:

• Floods are the most common natural disaster.

• With more and more buildings, roads and parking lots being constructed where forests and meadows used to exist, floods are becoming more severe.

• People who live in a Special Flood Hazard area have a 26% chance of experiencing a flood during the life of a 30-year mortgage, compared to only a 4% chance of fire.

• A NFIP policy also reimburses you for actions you take to prevent flood damage. For example, costs for moving your belongings to a safe location are reimbursed up to a limit in the policy, with no deductible.

• In some areas, homeowners are required by law to purchase flood insurance. Even if it’s not a requirement for you, flood insurance will help you protect your home and your financial stability.

Our Melbourne Home Insurance Agency is centrally located in Brevard County, enabling us to locally serve Viera, Cocoa Beach and Palm Bay.

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