FOR IMMEDIATE RELEASE:
Contact: Amanda Edmunds
I & E Insurance Agency
www.getinsurancequotetoday.com
732-295-5584
ineagency@gmail.com
2900 Route 88
Point Pleasant NJ
08/20/2020
Flood Season is Here are you ready?
Flood damages have been rising in America over the past few years and will continue to rise in the coming years. Despite this increase, flood damage is not covered in a typical homeowner’s policy. It is important to be proactive and protect yourself against flood risk because if you don’t, the result can be catastrophic. With hurricane season here, it’s important to protect your home before disaster strikes. Another important item- Flood Insurance through FEMA doesn’t have competitive markets, its the same price from agency to agency based on the amount of coverage elevation and deductibles. But if you want outside Insurance away from FEMA there are alternatives, give us a call.
Floods are the most common natural disaster in the United States:
According to www.americanrivers.org over the past 50 years, Americans have seen a 20{087d17640603a337667256787b24190956b30259a6495194059f124d228c56a4} increase in downpours. Additionally, it is estimated floodplains will grow by 40{087d17640603a337667256787b24190956b30259a6495194059f124d228c56a4} in the next 90 years due to our changing climate, putting even more people at risk. Those that previously thought they were safe from floods, may need to reevaluate their risk-levels.
You do not need to live in a flood zone to experience flood damage:
There is no location or region that is immune to flooding.
FEMA reports that approximately 25{087d17640603a337667256787b24190956b30259a6495194059f124d228c56a4} of all flood claims come from moderate to low-risk areas.
Everyone in America is susceptible to flooding.
Floods can occur at any time:
Flooding can occur during any time of the year, or at any time of the day.
Heavy rain is the most common reason for flooding but other causes include hurricanes, winter storms, and snowmelt.
Flood damage can be extreme:
According to Floodsmart.com a 2,000 square foot home undergoing 12 inches of water damage could cost more than $50,000.
Additionally, FEMA states that a car can be taken away in as little as 2 feet of water. Even 1 inch of water can cause property damage.
New land developments can create risk:
Nearby construction or land development can create impactful changes in natural runoff paths.
As a result, your home could be at greater risk for flood damage if there is new construction in your area.
Without flood insurance, costs can be heavy
Without flood insurance coverage, in the event of an emergency, you will need to pay for any damages completely out-of-pocket. Federal disaster assistance, which comes in the form of a low-interest FEMA loan, is only available if the flooded area is declared a natural disaster. Most floods do not reach that level of classification.
