Why You Need Flood Insurance

Nearly half of all American households aren't aware that a standard homeowners insurance policy will not cover flood-related damages. For protection from floodwaters, you must purchase additional coverage. But do you really need extra flood insurance?

Certain areas of the country lie within flood zones, which translates to a high risk of flooding. But just because you do not live in a flood zone doesn't mean that you don't need flood insurance. In fact, floods can occur anywhere at any time. Heavy rains, blockages in rivers, water accumulation after a wildfire and natural disasters — such as hurricanes and tsunamis — can all cause flooding. You may think that a flood in your town is unlikely, but floods are the number one natural disaster in the country and have occurred in all 50 states.

Just a few inches of water in your home could cost you tens or hundreds of thousands of dollars in repairs and cleanup. The price of flood insurance is a mere fraction of the cost of a flood. Premiums are determined using factors like the location and age of your house, the risk of a flood, the amount of coverage you want and more. While the average family may pay an amount of approximately $400 for flood insurance, families that live in flood zones should expect to pay more — since they pose a higher risk.

If you wish to purchase flood insurance, or if your mortgage lender requires you to purchase it, call your independent insurance agent for personalized assistance. Just remember, most flood insurance policies take effect 30 days after purchase, so don't wait until a flood is predicted to take action.

We're here to find you the best coverage possible. Call Pro Player Insurance Group at (239) 672-8194 for more information on Fort Myers flood insurance.

Protect Yourself From Flood Damage

Flood insurance is often overlooked, and some may not know that homeowners and renters insurance will not cover flood damages in the event of a disaster.

• If you are moving to a new home, in a new city or state, you'll need to be sure you have the right amount of flood insurance. Check with your realtor or insurance agent for the flood risk in the area where you'll be moving to ensure you have adequate coverage for your new home. Remember that floods are not covered on your standard homeowners or renters policy.
• Flood insurance is easy to add to your existing insurance portfolio. The annual premium for a residential policy is dependent on your flood risk but can start as low as $400 a year.
• Flood insurance for your house and your belongings inside your house are sold separately from your hazard policy. Be sure you have an accurate home inventory to go over with your agent when you're discussing your new flood policy. Keep a copy of your home inventory off site or using an online home inventory application in case disaster strikes, your home inventory will be safe.

Call Pro Player Insurance Group at (954) 316-4662 for more information on Fort Lauderdale flood insurance. We'll be happy to help you protect your home and family.