Flood Insurance: When Homeowner?s Insurance Just Isn?t Enough
With most homeowner?s insurance policies not covering water intrusion related damage, flood insurance is a critical component of any homeowner?s insurance portfolio. Many mortgage companies require homeowner?s to carry the insurance, though not all. For this reason, some homeowner?s make the decision not to carry the policy.
The Federal Emergency Management Association created maps to determine a properties risk and necessity for flood insurance. Take the time to review your status.
This recent letter published to Florida?s Treasure Coast and Palm Beaches website gives some great perspective.
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