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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 by $1,000. For content insurance, you can get a discount of 5% if you change your deductible for the same amount.
Still, trying to figure out your flood insurance deductible options? Holt Flood Insurance is here for you. With over 30 years of flood insurance experience, we can help you with all your flood insurance needs. Whether you have coverage through the NFIP or our other private insurance companies, we can look at your policy and decide which options suit you. And if you're new to flood insurance and need to be aware of your options, we can help you there too.
For more information on flood insurance deductible options, visit our website or call us at (540)809-1415. We will answer any questions you may have. Contact Holt Flood Insurance today.
Re Posted From: 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 by $1,000. For content insurance, you can get a discount of 5% if you change your deductible for the same amount.
Still, trying to figure out your flood insurance deductible options? Holt Flood Insurance is here for you. With over 30 years of flood insurance experience, we can help you with all your flood insurance needs. Whether you have coverage through the NFIP or our other private insurance companies, we can look at your policy and decide which options suit you. And if you're new to flood insurance and need to be aware of your options, we can help you there too.
For more information on flood insurance deductible options, visit our website or call us at (540)809-1415. We will answer any questions you may have. Contact Holt Flood Insurance today.
Re Posted From: Flood insurance deductible options