Unexpected storms and flooding happen all the time, especially in Texas. With flood insurance, you can take away the anxiety and know that your home is protected in case of these disasters. Homeowner’s policies do not cover this type of damage, so it is important to obtain this separate policy. Oftentimes, mortgage companies will require homeowners that are located in a floodplain to purchase flood insurance. However, contrary to popular belief, people that are located outside of these floodplains file more than 20% of flood insurance claims.
All flood insurance policies are regulated by the National Flood Insurance Program (NFIP) and the Federal Emergency Management Agency (FEMA). Therefore, your flood insurance rate would be determined by NFIP and FEMA. It is important to keep in mind that it takes 30 days for your flood insurance to go into effect. This means that the sooner you purchase it, the better.
We are the leading insurance provider for Austin, DFW, San Antonio, and the whole state of Texas. If you want to know more information about flood insurance, contact us today for a quote via email ScottReed@Shop2Insure.com or by phone (877) 892-4565. We would be more than happy to find you the appropriate policy.
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