According to FEMA, Flooding is the highest ranked natural disaster in the United States. The professionals at North Broward Insurance Solutions can help you into flood insurance policies for your South Florida home or business.
FEMA is in the process of re-zoning many of the current flood zones across Broward County. While many residents are no longer required to carry flood insurance, 25% of all flood insurance claims in the country come from low-risk areas.
Top 3 Misconceptions Surrounding Flood Insurance
1. Contrary to popular belief, your Homeowner’s Insurance policy does not cover damage caused by flooding.
2. Flood insurance policies are incredibly inexpensive. Depending on the flood risk in your area, policies generally range from $129-$400 per year and cover you against the peril of rising water.
3. Even if you don’t live in a high-risk flood zone, FEMA actually considers the entire state of Florida to be a flood zone with varying levels of risk.
You may qualify for the PRP Extension Program
The Preferred Risk Policy (PRP) offered through the National Flood Insurance Program can save you money on your flood insurance policy. For more information on this program, click here.
Contact us Today for More Information
North Broward Insurance Solutions is dedicated for finding you the least expensive coverage to meet your needs for your Florida home, business and other assets. Contact us today to help you determine the options that will best fit your needs.