Over time, certain areas are more likely to flood than others, but flood damage can happen to anyone. Get a quote for flood insurance today; Diaz Insurance Group can help you with a flood policy through the National Flood Insurance Program (NFIP).
If you live in certain areas with greater odds of flooding and have a mortgage, federal law may require you to have flood insurance.
But even if you’re not required to have flood insurance your home could still be at risk.
Flood Insurance Coverage: Flood insurance covers the structure of your home and your personal property from, well — flood damage.
But here’s the thing; regular water damage and flood damage can be separate, specific conditions when it comes to property insurance.
Make sure you don’t end up taking a bath in the event that your home sustains damage: talk to your Diaz Insurance Group agent today to make sure you’re properly insured when it comes to the various kinds of water-related damage.
How Far In Advance Should I Buy Flood Insurance?
Most flood insurance policies require a 30-day waiting period before the coverage is effective. Exceptions are only made for a few specific circumstances such as if you’ve purchased a new home and the closing is in less than 30 days.
Payment Options: Flood policies must be paid in full. In many instances the payment can be rolled into your mortgage.