home insurance without flood cover

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home insurance without flood cover
Posted On: August 26, 2020

Having home insurance without flood cover can get expensive, especially if you run into a flooding situation. Without flood insurance, water damage repairs can cost thousands of dollars. And that's just for repairs and not valuables. Protect your home and valuables by purchasing flood and regular homeowners insurance.


Depending on where you live, flood insurance is only a recommendation. Homes in areas designated as high risk are required to purchase flood insurance before mortgage companies can release a loan. These are the areas labeled A and V on the flood risk map. Holt Flood insurance recommends purchasing flood insurance regardless of your flood risk, as flooding can happen anywhere and anytime. You can buy flood insurance through a private insurance company or the NFIP.


If you are planning on buying home insurance without flood cover because you want to save money, just remember that in the event of a flood due to weather, your property and valuables are not protected. You will have to cover repair costs out of your pocket. So, paying for the extra protection monthly is better than a hefty amount all at once.


For more information on how home insurance without flood cover can affect your property, 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: home insurance without flood cover

Holts Flood Insurance


[BACK]
home insurance without flood cover
Posted On: August 26, 2020

Having home insurance without flood cover can get expensive, especially if you run into a flooding situation. Without flood insurance, water damage repairs can cost thousands of dollars. And that's just for repairs and not valuables. Protect your home and valuables by purchasing flood and regular homeowners insurance.


Depending on where you live, flood insurance is only a recommendation. Homes in areas designated as high risk are required to purchase flood insurance before mortgage companies can release a loan. These are the areas labeled A and V on the flood risk map. Holt Flood insurance recommends purchasing flood insurance regardless of your flood risk, as flooding can happen anywhere and anytime. You can buy flood insurance through a private insurance company or the NFIP.


If you are planning on buying home insurance without flood cover because you want to save money, just remember that in the event of a flood due to weather, your property and valuables are not protected. You will have to cover repair costs out of your pocket. So, paying for the extra protection monthly is better than a hefty amount all at once.


For more information on how home insurance without flood cover can affect your property, 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: home insurance without flood cover

Holts Flood Insurance


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