Flood Insurance Facts for Homeowners

Dependent on your location, flooding and flood insurance is a peril and coverage that should be looked into

The ability for an area to flood is reliant on a variety of factors including:

• Storm surge
• Heavy rainfall
• River flooding
• Low lying area
• Poorly drained areas

To protect yourself it is important to learn the flooding threats associated with your location.

Florida is prominently known as having terrain that is relatively flat. This can make it difficult at times to drain water that has accumulated. Rising rivers as well as repeated periods of torrential rainfall can result in water accumulation across land miles away from water sources. In more severe cases rivers and retention ponds can turn into small lakes.

One threat that comes with pooling water is the inability to judge water depth. The depth can vary drastically as water can be several feet deep right next to an area only inches deep.

When it comes to flooding it is important to know the following

• Most homeowners insurance policy’s do not cover flood insurance.
• Flash floods have been known to bring water walls that can be 10 to 20 feet high.
• A vehicle can be carried away by only 2 feet of flooding.
• Land development can often result in flooding as changes to the landscape can divert natural runoff.
• It can take as long as 30 days after you buy flood insurance for the policy to take affect
• There are over 5 million people currently holding flood insurance policies in the United States.
• On average over one-third of all claims paid for flood insurance were in low-risk communities.

As a Florida resident it is important to be aware of the facts and to be adequately prepared for flooding. For a free flood insurance quote call us at 386 734 370