![]() ![]() If you live outside a high-risk zone, or if you no longer have a mortgage, flood insurance is optional. If you live in certain flood zones, your mortgage company may require that you purchase a flood insurance policy. The federal government requires mortgaged properties in Special Flood Hazard Areas (SFHA) to be insured against flooding. It is not covered by homeowners insurance.įlood insurance policies also reimburses you for the work that you and other family members did to sandbag your homes, move furniture and remove debris. The average flood claim payment is 33,000. Regardless of whether you live in Ft Lauderdale or any other part of Florida, flood insurance has to be purchased as a separate, stand-alone policy. In most situations, you will have a 30 day waiting period when you buy flood insurance, so don’t wait until it’s too late! Homeowners insurance does not cover flood damage Did you know that every single house in the entire country is in a FEMA flood zone? It’s just that some flood zones are worse than others. If you’re looking for flood insurance in Florida we’ve got you covered. Flood Insurance in Pompano Beach, FL Flood insurance is designed specifically to provide protection to your property for any loss that results from flooding. In fact, it only takes a few inches of standing water to cause tens of thousands of dollars. In reality, most floods are caused by far less catastrophic situations. These were huge devastating storms that caused billions of dollars in damage. Give us a call today to discuss more on the best flood insurance quote in. When most people think of a flood, they might think of events like Hurricane Katrina, or Hurricane Sandy. If youre a Florida resident, you know the prevalence of flooding in the state: according to the Federal Emergency Management Agency (FEMA), flooding is the. The Insurance Guy is one of the best Florida Flood Insurance companies. ![]()
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