We have been witness to record-setting wildfires in over the past few year and experts are now telling us that the results will mean more flooding. We have learned that a combination of record heat has created a massive growth of undergrowth that acts as fuel for wildfires, thus creating more damage to that land. This ground bloom dries out and creates more heat for wildfires.
Winter weather changes also have created more rain than snow, causing more erosion and overflowing dams. All of these conditions have created a perfect storm for flooding.
That means that the next six to eight months will be prime time for flooding. If you live near water or in a flood zone, we recommend that you have flood insurance. However, did you know that even if you do not live in a flood zone, you might need flood insurance? According to Flood Smart, 20% of flood claims come from low-risk areas.
Why Get A Flood Insurance Quote?
- Homes with mortgages from federally regulated banks or insured lenders in high-risk flood areas are required to have flood insurance.
- Your standard homeowner’s insurance excludes floods.
- If you decide you want flood insurance, you will need to secure coverage as soon as possible. There is a 30-day waiting period before policies can be bound.
- There are flood policies for condominiums and apartments as well.
So, if the weather forecast announces a flood alert for your area and you go to purchase coverage, it’s already too late. You will not be insured if you buy a policy a few days before a flood. At North Bay Insurance Brokers Insurance Agency, we know you’ve invested a lot of time and money in your personal property and keepsakes. A flood insurance policy will cover the cost of replacing your valuables from any flood-related damage.
Call our professional staff today for more information. Don’t wait until you’re knee deep in water!
At North Bay Insurance Brokers, we know how hard you’ve worked to turn your house into a home. Since your home is one of the most important financial investments of your lifetime, you’ll need proper coverage in order to keep your investment protected and provide your family with the guarantee that they’ll always be safe and sound.