Sure, your home may not be located in a high flood risk area but did you know that 25% of flood losses happen in low to moderate risk areas?
That means you can be a victim of flood damage too!
Just an inch of rain in a very short time can cause a flood almost anywhere. Do you remember the floods caused by Hurricane Fran that dumped 16 inches of rain as far inland as Raleigh, NC? Thousands of homes were flooded and most of the homeowners were left without coverage for flooding
Your Homeowners Insurance Policy Does NOT Cover Damage From a Flood
That’s right, you must buy a separate policy and the good news, it’s inexpensive for homes that are not in flood prone areas. You can buy a policy for as little as $20 a month. Great peace of mind at a low cost.
Important: Do Not Wait For a Pending Disaster Before You Buy Flood Insurance
Flood insurance is available through Paramount Insurance Agency right here in the Piedmont Triad. The coverage is provided by the National Flood Insurance Program and there is a 30 day waiting period before coverage can take effect.
