Floods and flash floods are considered the most expensive and common disasters across the United States. Damages caused by floods can be extremely costly in terms of repairs or replacements. Therefore, a flood insurance policy from Neff & Associates Insurance Services Inc. will come in handy when floods strike your home. Moreover, your homeowner’s insurance doesn’t cover floods in Pismo Beach, CA.
Understanding high-risk flood area
As stated by the Federal Emergency Management Agency (FEMA), all flood regions across the U.S are classified as low, moderate, or high-risk flood zones. FEMA makes the determination as for whether an area is a high-risk flood zone based on geographical and historical factors of a given area. Some of the vital considerations include nearby bodies of water, previous causes of floods, the presence of mountains or hills, and the local drainage systems.
In other words, a high-risk flood zone is an area that has been marked by FEMA to be susceptible to flooding. That is why homeowners in Pismo Beach, CA with a mortgage should have flood insurance from Neff & Associates Insurance Services Inc. This is one way of cautioning lenders or banks from disaster whenever flooding occurs.
This is also important for people who are renting homes in high-risk areas as their landlords may require them to have additional protection for their units. Remember, when renting, your landlord’s flood insurance policy doesn’t cover your personal belongings. Therefore, you have a duty to protect yourself financially and ensure all your items are fully protected in case of floods, by purchasing a flood insurance policy.
Floods occur all the time and no homeowner can be immune from such disasters. Moreover, storms and hurricanes have shown very unpredictable patterns in the recent past. Do you want to protect your valuable assets and personal belongings against floods? Contact us at Neff & Associates Insurance Services Inc., for more information on how to stay protected by purchasing sufficient flood insurance.