The Cost of Flooding
For most of us the real cost of flooding is the disruption in our lives. For others, the cost of flooding is the loss of everything that has been accumulated in life including photos and memories. Property can be replaced. Some things can’t! Flood insurance is not covered in your home policy. Flooding is expensive especially when so little money can put the responsibility for the likely flood damage on an insurance program like the National Flood Insurance Program.
Here is a link to the National Flood Insurance Program website for even more information. Flood Insurance is a complicated topic and we are authorized to assist you in obtaining flood insurance that will satisfy your lender and protect your home from flood damage.
By selecting the size of the property above (two examples), and then moving the slider to the number of inches of flood water your might expect, the interactive video will calculate the cost of your damage based upon your selections. While these are just estimates the damage caused by flood waters are real and expensive and not covered in your home insurance policy. With flooding as the most common natural disaster in the United States, flood insurance is important. If you are in a flood plain (100 year), then your lender is probably already asking you to buy flood insurance to protect their loan balance. If you have a nearby body of water or drainage ditch, and are not in an identified flood plain, you can often buy flood insurance as the biggest discounts available if your community has agreed to participate in the flood insurance program through the National Flood Insurance Program (NFIP).
Contact Terry McCarthy at (513) 779-7920 Monday – Friday for more personal attention and advice. He maintains office hours from 9 – 5 most days and is also available at other times by advance appointment for your convenience.