While homeowners can’t always know when and how bad a natural disaster will occur, you know what you can be sure of? Your insurance policy. Yep, these pertinent pieces of paper do a lot of good in protecting your property. This safeguard can help you avoid standing in the total loss scenario. Read on to discover the significant benefits of securing this critical safeguard.
Convenience
While flood insurance is an important legal and administrative document, it’s not that hard to acquire. Some homeowners think that flood insurance is an overly-complicated process. Others have fallen for the rumor that flood insurance doesn’t work.
The fact is, this coverage is both affordable and straightforward. Affordable flood insurance could save you thousands of dollars in property repairs or replacement.
The best way to learn about flood insurance is to meet with a dependable agent who can help you separate fact from fiction. A trustworthy agent can also create an insurance plan tailored to your needs.
Freedom from Stress
When a natural disaster strikes, you will automatically think of your pets and loved ones first. You will also want to know that your property is safe to inhabit after the storm has passed. Do not subject yourself to undue stress. Your policy will cover protection via flood insurance and guarantees peace of mind that the damages incurred get dealt with properly.
It Protects Your Property
It may shock you to discover that only a tiny amount of water (even just one inch) can cost more than $25,000 in home damages! In addition, more than 20 percent of flood claims come from homes that are not in flood zones. The Federal Emergency Management Agency (FEMA) statistics are a sobering thought.
Many homeowners think that their homeowner's insurance policy covers floods. This is not always the case. A presidential disaster declaration for insurance benefits doesn’t have to be in effect for reimbursement. All you need is flood insurance.
It Protects Property Values
If you live (or have stayed) in a region subject to flooding, you might be required to purchase flood insurance by law. Although the mandate doesn’t yield many benefits, securing this coverage is still a good idea. In addition to the mentioned benefits, you can protect your property and help protect your community. Furthermore, you could encourage other homeowners by becoming a trailblazer and taking the necessary steps to protect yourself and your loved ones.
It Also Protects Your Family
Did you also know that FEMA provides disaster grants? Pre-arranging comprehensive flood insurance can help ensure your property will be taken care of should you experience a flood. Plus, when you work with a reputable company that understands the intricacies of flood insurance, you’ll glean valuable insight and information not available from other outlets.
While FEMA aid can be helpful in the wake of a tragedy, it’s also worth noting that they are not your only option for assistance. Loans are available through the U.S. Small Business Administration to assist you with rebuilding efforts and caring for your survivors for up to 18 months.
Conclusion
While costly at first glance, flood insurance offers protection at a fraction of the price it takes to repair a home. With policies averaging $700 per year, an uninsured home will cost close to three times or more to fix! Don’t delay any longer; get your house insured from floods today to protect your loved ones and investments.
Apply for flood insurance in Georgia at Brand and Britt Insurance! We’re an independent insurance agency that offers car, home, life, and other policies you may need. Get a secure request from us now!