Flooding is Always in Season
While it can occur any time, spring can be a particularly troublesome time of year for flooding, and we don’t want our neighbors to lose everything they’ve worked so hard to achieve.
Flood damage is not just limited to hurricane season. In fact, heavy rains that we’re accustomed to on the Gulf Coast could cause thousands of dollars worth of damage, and it doesn’t take much. According to FEMA, just one inch of water inside a building can total about $27,000 in losses.
Being located outside of a high-risk flood zone doesn’t exempt anyone from flooding, according to the Federal Emergency Management Agency (FEMA). When considering flood insurance, keep these vital statistics in mind.
- 30 days is the typical waiting period for new flood policies to take effect
- 100% of all properties fall into a flood zone
- Most homeowners insurance policies do not cover damage caused by floods
- Nearly twenty-five percent of all flood claims are filed from low- to moderate-risk areas.
If you have any questions or concerns regarding your flood risk, call us today!