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Protect your home from one of the most common natural disasters
Damages Add Up
- A mere five inches of flooding in your home can cost you $11,000 in damages or more
- In low-risk areas, your most valuable appliances and items are stored at ground level
- Flooding costs homeowners over $6 billion of damages per year in the United States
Consider the Risk
- A quarter of all flood claims are made by homeowners in medium and low flood risk areas
- Floods may occur anywhere it rains, and where floods are rare they tend to be more severe
- Global warming will increase flood risk in New York, Seattle, San Francisco, Miami & more
Flood Maps Change
- A home that was in a low flood risk area twenty years ago may now be considered high risk
- If you are in a low-risk area, your flood insurance will cost less, making it a good investment
- 23 of our 50 states have coastal zones, which may also change and your increase flood risk
Don’t Rely on NFIP
- The National Flood Insurance Program maxes out at $350,000, even for destroyed homes
- The program has seen problems, sometimes it is requested for more money than it takes in
- The program now costs $20 billion to run, and payouts are often based on outdated maps
Get Coverage Today
- Most basic homeowner insurance policies do not include any flood damage coverage
- Between 60-99% of homeowners effected by flooding in 2018 did not have insurance
- You need to wait 30 days after signing up for flood insurance before making a claim
By: TSC Restoration
The post Why Flood Insurance is a Smart Investment appeared first on TSC Restoration.
