Warning Signs of a Coming Flood

With climate change, we are starting to see an increase in active and severe weather, which leads to larger amounts of rainfall. An increase in rainfall means an increase in flood risks.Flooding can happen at any time and anywhere, not just in the higher risk areas. The best way to protect our properties from repair costs due to water damage is with flood insurance. But there are other ways as well, and one of these ways is to know the warning signs of a flood before they happen so we can prepare our properties for a potential flood.So how do w...[More]

Warning Signs of a Coming Flood

With climate change, we are starting to see an increase in active and severe weather, which leads to larger amounts of rainfall. An increase in rainfall means an increase in flood risks.Flooding can happen at any time and anywhere, not just in the higher risk areas. The best way to protect our properties from repair costs due to water damage is with flood insurance. But there are other ways as well, and one of these ways is to know the warning signs of a flood before they happen so we can prepare our properties for a potential flood.So how do w...[More]

How expensive is flood insurance

As an insurance company, how expensive is flood insurance? This is one of our clients' many questions, especially if they are new to flood insurance. And the answer always depends on where they live and the type of coverage they require. Those who live in higher-risk areas will pay more for flood insurance than those with low to moderate risk.The other factors that determine the cost are owning vs renting. Property owners need building and content insurance, whereas renters only require content insurance. Where you purchase your flood insurance...[More]

How expensive is flood insurance

As an insurance company, how expensive is flood insurance? This is one of our clients' many questions, especially if they are new to flood insurance. And the answer always depends on where they live and the type of coverage they require. Those who live in higher-risk areas will pay more for flood insurance than those with low to moderate risk.The other factors that determine the cost are owning vs renting. Property owners need building and content insurance, whereas renters only require content insurance. Where you purchase your flood insurance...[More]

flood determination

How flood determination levels play a part in flood insurance prices is a frequent question we answer. Along with how much will I pay for flood insurance? Do flood insurance levels matter? While differently worded, the answer is the same. The higher your flood risk, the more you will pay for flood insurance. Insurance companies use flood maps to determine flood insurance costs. The letters A and V represent high-risk areas on the flood map. Where low to moderate risk is letters B, C and X. Where you decide to purchase your flood insurance is an...[More]

flood determination

How flood determination levels play a part in flood insurance prices is a frequent question we answer. Along with how much will I pay for flood insurance? Do flood insurance levels matter? While differently worded, the answer is the same. The higher your flood risk, the more you will pay for flood insurance. Insurance companies use flood maps to determine flood insurance costs. The letters A and V represent high-risk areas on the flood map. Where low to moderate risk is letters B, C and X. Where you decide to purchase your flood insurance is an...[More]

Flood insurance deductible options

Flood insurance deductible options are as follows. You can choose a higher deductible to lower the overall cost of flood insurance or a lower deductible which can be costly. Both the NFIP and private insurance companies offer these types of deductibles. Deductibles through the NFIP may be eligible for a discount.While flood coverage through the NFIP is less expensive, your options may be limited if your area is at low risk for flooding. With flood insurance through the NFIP, you can receive a 2.5% discount by increasing your building deductible...[More]

Flood insurance deductible options

Flood insurance deductible options are as follows. You can choose a higher deductible to lower the overall cost of flood insurance or a lower deductible which can be costly. Both the NFIP and private insurance companies offer these types of deductibles. Deductibles through the NFIP may be eligible for a discount.While flood coverage through the NFIP is less expensive, your options may be limited if your area is at low risk for flooding. With flood insurance through the NFIP, you can receive a 2.5% discount by increasing your building deductible...[More]

flood insurance processing center

The flood insurance processing center is where your flood claims are analyzed. Here the insurance company can either accept or deny your flood insurance claim. Applications for flood insurance will also go to the center for processing. Unless you need flood insurance to purchase a home in a high-risk area, applications can take 30 days to process.Floods can happen anywhere, regardless of the flood risk level. The best way to protect your property and belongings is by purchasing flood insurance. You can buy flood insurance through the federally ...[More]

flood insurance processing center

The flood insurance processing center is where your flood claims are analyzed. Here the insurance company can either accept or deny your flood insurance claim. Applications for flood insurance will also go to the center for processing. Unless you need flood insurance to purchase a home in a high-risk area, applications can take 30 days to process.Floods can happen anywhere, regardless of the flood risk level. The best way to protect your property and belongings is by purchasing flood insurance. You can buy flood insurance through the federally ...[More]

private flood insurance companies

Flood insurance through private flood insurance companies is different than insurance through the NFIP. For a while, property owners and renters could only purchase insurance through the NFIP. But once insurance companies started selling flood insurance, everything changed, and buyers had more options when it came to protecting their homes and businesses.With over 30 years of flood insurance experience, Holt Flood Insurance can help you with your flood insurance needs. If you're new to flood insurance, we will help answer any flood-related ques...[More]

private flood insurance companies

Flood insurance through private flood insurance companies is different than insurance through the NFIP. For a while, property owners and renters could only purchase insurance through the NFIP. But once insurance companies started selling flood insurance, everything changed, and buyers had more options when it came to protecting their homes and businesses.With over 30 years of flood insurance experience, Holt Flood Insurance can help you with your flood insurance needs. If you're new to flood insurance, we will help answer any flood-related ques...[More]

flood risk

If you live in an area with any level of flood risk, you will want flood insurance. And if that risk is high, then you are required to purchase flood insurance before your mortgage company gives you a loan. And if you're a tenant, you may also want to buy flood insurance to protect your belongings in case of a flood.You may ask, I'm not near any water. My risk is low for flooding, so why should I purchase flood insurance? The answer is, flooding can happen anywhere to anyone. Without flood insurance, you could be spending thousands of dollars o...[More]

flood risk

If you live in an area with any level of flood risk, you will want flood insurance. And if that risk is high, then you are required to purchase flood insurance before your mortgage company gives you a loan. And if you're a tenant, you may also want to buy flood insurance to protect your belongings in case of a flood.You may ask, I'm not near any water. My risk is low for flooding, so why should I purchase flood insurance? The answer is, flooding can happen anywhere to anyone. Without flood insurance, you could be spending thousands of dollars o...[More]

flood insurance requirements

Owning a property comes with specific flood insurance requirements. For example, if you are looking at property in a high-risk flood area, your mortgage company will not give you a loan until you purchase flood insurance. High-risk areas are marked A and V on the FEMA flood risk map. Those living in a low to moderate risk may be wondering are they required to purchase flood insurance before taking out a loan? The answer is no, but at Holt Flood Insurance, we recommend that everyone buy flood insurance, regardless of the risk level. Homeowner's ...[More]

flood insurance requirements

Owning a property comes with specific flood insurance requirements. For example, if you are looking at property in a high-risk flood area, your mortgage company will not give you a loan until you purchase flood insurance. High-risk areas are marked A and V on the FEMA flood risk map. Those living in a low to moderate risk may be wondering are they required to purchase flood insurance before taking out a loan? The answer is no, but at Holt Flood Insurance, we recommend that everyone buy flood insurance, regardless of the risk level. Homeowner's ...[More]

Flood policy coverage

There are two types of flood policy coverage: building and contents. These factors determine how much you will pay for flood insurance. Home and business owners will purchase both together, while renters only need to pay for content insurance. Just like regular insurance, flood insurance has its limits when it comes to coverage. And policies may vary between flood insurance companies.When it comes to flood insurance, the following items may not be covered, temporary housing, landscaping, decks, pools and anything else outside of the insured pro...[More]

Flood policy coverage

There are two types of flood policy coverage: building and contents. These factors determine how much you will pay for flood insurance. Home and business owners will purchase both together, while renters only need to pay for content insurance. Just like regular insurance, flood insurance has its limits when it comes to coverage. And policies may vary between flood insurance companies.When it comes to flood insurance, the following items may not be covered, temporary housing, landscaping, decks, pools and anything else outside of the insured pro...[More]

FEMA maps online

The best way to search FEMA maps online is by visiting the FEMA map service center. You can find the map service center by visiting the FEMA website. You can type in an address, place, or latitude and longitude, and the map will tell you the flood risk level for that area. Flood insurance companies will use these maps to determine the cost of flood insurance.Areas classified as high risk for flooding will pay more for flood insurance than those at a lower risk. It is also mandatory to purchase flood insurance in high-risk areas as mortgage comp...[More]

FEMA maps online

The best way to search FEMA maps online is by visiting the FEMA map service center. You can find the map service center by visiting the FEMA website. You can type in an address, place, or latitude and longitude, and the map will tell you the flood risk level for that area. Flood insurance companies will use these maps to determine the cost of flood insurance.Areas classified as high risk for flooding will pay more for flood insurance than those at a lower risk. It is also mandatory to purchase flood insurance in high-risk areas as mortgage comp...[More]