Flood insurance coverage requirements

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Flood insurance coverage requirements
Posted On: September 3, 2020

In some cases, there are flood insurance coverage requirements. One of these cases is that homeowners looking to buy a property in a high-risk area must purchase flood insurance before taking out a home loan. Most mortgage companies will not release a loan until proof of flood insurance is given.


You can purchase flood insurance through the NFIP or private insurers. It is also available to everyone, not just those living in high-risk areas or homeowners. Renters can buy flood insurance as well. At Holt Flood Insurance, we recommend all property owners and renters have flood insurance as extra coverage for their belongings. If you are new to flood insurance, we can help you find an insurance plan that works for you. And if you already have insurance and are looking for a better rate, we can help you too.


Other flood insurance coverage requirements may include getting your community involved in flood prevention. Lower your home's flood risk by installing flood openings and filling in basements, moving utilities such as heating and cooling units and breaker panels to a higher area in the home, and providing an elevation certificate once you've elevated your home.


For more information on flood insurance coverage requirements, visit our website or give us a call at (540)809-1415. We will answer any questions you may have. Contact Holt Flood Insurance today.


Re Posted From: Flood insurance coverage requirements

Holts Flood Insurance


[BACK]
Flood insurance coverage requirements
Posted On: September 3, 2020

In some cases, there are flood insurance coverage requirements. One of these cases is that homeowners looking to buy a property in a high-risk area must purchase flood insurance before taking out a home loan. Most mortgage companies will not release a loan until proof of flood insurance is given.


You can purchase flood insurance through the NFIP or private insurers. It is also available to everyone, not just those living in high-risk areas or homeowners. Renters can buy flood insurance as well. At Holt Flood Insurance, we recommend all property owners and renters have flood insurance as extra coverage for their belongings. If you are new to flood insurance, we can help you find an insurance plan that works for you. And if you already have insurance and are looking for a better rate, we can help you too.


Other flood insurance coverage requirements may include getting your community involved in flood prevention. Lower your home's flood risk by installing flood openings and filling in basements, moving utilities such as heating and cooling units and breaker panels to a higher area in the home, and providing an elevation certificate once you've elevated your home.


For more information on flood insurance coverage requirements, visit our website or give us a call at (540)809-1415. We will answer any questions you may have. Contact Holt Flood Insurance today.


Re Posted From: Flood insurance coverage requirements

Holts Flood Insurance


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