Flood Insurance
 Recent images of flooding from
hurricanes Katrina and Rita have shown the
terrible devastation that has displaced
thousands. Adding to the misery of many of those
affected is the fact that they are now finding
that their homeowners’ and business policies
cover wind damage from the hurricanes but do not
cover the damage caused by rising waters and
flooding. Is your home or business covered?
In the last two decades, about
40 percent of federal flood insurance payments
have gone to a tiny fraction (2 percent) of
chronically flood-prone properties in places
such as the Gulf Coast states and North
Carolina's Outer Banks, according to a Los
Angeles Times article.
 Even if your home or office is
not in a flood prone zone it may make good sense
to add the coverage. Heavy rainstorms are not
unknown in Central Ohio. Don’t be caught
unprepared.
YOUR HOMEOWNER AND PROPERTY POLICIES DO NOT
PROVIDE FLOOD COVERAGE. The homeowners’ policy
excludes certain perils, such as earthquake,
landslide, flood, surface water, waves, tidal
water or tidal wave, sewer backup and seepage.
Some exclusions - like flood, earthquake, and
sewer backup - can be added to the policy.
Contact us
today for a free evaluation of your home or
business policies. We will explain the coverage
you have and help you make an informed decision
about the benefits of adding flood coverage or
other endorsements to your policy.
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