Check your home. If your plumbing fixtures and floor drains are below street level, there is a possibility of flooding even in your own home. If there is water damage due to heavy rain storms, sewer back-ups, or snow melt are not covered by home insurance policy.
The solution to these unavoidable problems is flood insurance. If you do not live in an area that has a designated flood zone by the FEMA, it is smart that you go out there and get one. But of course you have to consider the flood insurance cost.
Generally, flood insurance policies do not take effect in less than a month. It will only start after 30 days upon application. The premium payment that is indicated in the cost must be purchased because this is a necessity. Continue reading ‘General Flood Insurance Cost’ »