flood risk areas home insurance may seem like an added expense, but it's worth looking at. While you have some water damage coverage under your regular home owner's insurance, that policy only applies to accidental floodings such as a burst pipe or leaking appliance. Flood insurance covers water damage caused by weather.
You can purchase flood insurance from the NFIP or your flood insurance agency. In some cases, it may be better to go with a private flood insurance company as they offer more extensive coverage than the NFIP. For example, if your home costs $500,000 or higher, it's better to go with a private insurance company. The waiting period for insurance is also shorter than the NFIP. However, the NFIP may offer affordable rates.
Understanding flood risk areas home insurance can be challenging, especially if you are new to it. Holt Flood Insurance is here to help. We can guide you through the steps to apply for flood insurance and see if an insurance company or the NFIP is best for your situation. And if you're not new to flood insurance and are looking for a better rate, we can do that too.
For more information on flood risk areas home insurance, visit our website or call us at (540)809-1415. We will answer any questions you may have. Contact Holt Flood Insurance today.
We contacted Mr. Holt for an estimate via email over the weekend prior to a closing on a property, hoping for a response on the following Monday to take with us with confidence in being insured at the settlement table on a Tuesday. He exceeded our expectations not once but in readily responding to the initial request and then to follow-up questions all during the weekend frenzy that occurs before closing. "Impressive and responsive customer service," for sure! Ken Reuwer I have known Tim for many years and he is a man with great integrity, work ethic and one of the nicest persons I know. Over the years Tim has provided insurance counseling and advice to our company, for myself personally, as well as to our clients. Recently Tim, took time to analyze our flood insurance policy and he was able to make some excellent recommendations. Our flood insurance costs are now less and we have much better coverage. I recommend Tim to anyone without hesitation or reservation. Edward Semambya, CPA I have no problem giving you an A1 reference for taking care of the flood policies for me and Diane. I appreciate you working with the mortgage company: the surveyor and our previous agent. The result was a 75% reduction in our flood insurance premiums! Mike Edwards
