All posts tagged flood insurance

Majority Of Americans Mistakenly Believe That A Standard Home Insurance Policy Covers Flood Damage

“Being misinformed about your home policy can be an extremely expensive mistake — especially when a few inches of water in a 1,000 square-foot home can easily cost over $10,000 in repairs.” CLICK ON THE HEADLINE FOR MORE

6 Home Insurance Myths That’ll Cost You Big-Time

Unfortunately, there are some big misconceptions about home insurance. CLICK ON THE HEADLINE FOR 6 COMMON MYTHS

water claims

VIDEO: Water and Flood Damage – What Is and Is Not Covered

Water can damage your home in many ways. Do you know what is covered and what isn’t? CLICK ON THE HEADLINE TO FIND OUT

South Carolina: A Perfect Example Of Why EVERYBODY Should Have Flood Insurance

Homeowners living in low-risk areas may feel like they don’t need to pay for the added insurance, when in fact, the NFIP reported that more than 20 percent of flood claims come from people outside of high-risk areas. CLICK ON THE HEADLINE FOR MORE

More People Are Renting But Many Overlook Insurance

Renters insurance can provide coverage for personal items damaged in disasters. CLICK ON THE HEADLINE FOR MORE

The $400 Question: Should You Drop Your Flood Insurance?

Insurance agents and flood insurance advocates fear that homeowners might blow off paying the $300 to $400 for non-mandatory insurance and not be covered if there’s a damaging flood. CLICK ON THE HEADLINE FOR MORE

Hearing Will Focus On New Flood Insurance Law

The regulations prohibit creditors from requiring flood insurance that is greater than the balance of the mortgage or that has less than a $5,000 deductible. CLICK ON THE HEADLINE FOR MORE

Being ‘Flood Smart’ In South Florida

Don’t wait until it is too late. Floods can happen almost anywhere, and they are not limited to coastal areas or to tropical cyclones. CLICK ON THE HEADLINE FOR MORE

Legislative Session Brings Flood Insurance Premium Relief

A bill to create an alternative to the national flood insurance program created through the Biggert-Waters Act won strong support in both the House and the Senate. CLICK ON THE HEADLINE FOR MORE

Flood Insurance ‘Fix’ Doesn’t Apply To Many

The law signed by President Obama gives a reprieve from sharply higher flood insurance rates for many owners of older homes in flood-prone areas, but doesn’t stop huge rate increases from hitting some owners of commercial properties and second homes. CLICK ON THE HEADLINE FOR MORE

U.S. Senate Approves Delay In Flood Insurance Rate Hikes

The bill would block parts of a law that forced the increases, but significant challenges remain. CLICK ON THE HEADLINE FOR MORE

Public Outcry Prompts Delay In Federal Flood Insurance Rate Hikes

It’s not often that Congress reverses course on a bipartisan measure so quickly and in such similarly bipartisan fashion. CLICK ON THE HEADLINE FOR MORE

Private Flood Insurance? Some Interest Is Surfacing

With increases in federal flood insurance rates looming, two insurance providers have said they are prepared to sell private flood policies in Florida. CLICK ON THE HEADLINE FOR MORE

Flood Insurance Rate Hikes Might Be Delayed After All

Nearly 72,000 South Florida homeowners living in flood zones may be facing flood insurance rate increases of 25 percent as federal agencies work to phase out subsidies. CLICK ON THE HEADLINE FOR MORE

Florida Weighs Private Flood Insurance Options

With Florida homeowners facing significant increases in their federal flood insurance premiums, state lawmakers are considering ways to open up the market to private insurers. CLICK ON THE HEADLINE FOR MORE