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Why is Flood Insurance important?
Your house is one of the most important investments of your life, therefore, as owner you need to have the peace of mind that your home is properly insured. By purchasing insurance for your home, you may think that you already have the risk of flooding covered. But maybe you're wrong. Flood insurance isn’t typically included on most homeowner’s insurance policies.
What is the average cost of a Flood Insurance Policy?
According to the Federal Emergency Management Agency (FEMA), the average flood insurance policy costs around $ 400 per year for $ 100,000 of coverage, although this cost depends on the limits you choose and also on the location of your home.
What does my Flood Insurance cover?
Flood insurance covers your home and other dwellings, including garages, interior and exterior walls, roofs, furniture, clothes, and appliances that are directly damaged by water, mold, and mudslides.
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