Floods are the most common natural disaster in the United States.
Floods occur anywhere, even in places thought to be low-risk. In fact, a quarter of all claims paid by the National Flood Insurance Program are on policies in communities considered to be minimal-risk locations. New housing developments are especially susceptible, particularly if natural runoff paths have been diverted or trees have been leveled to make room for houses.
Unfortunately, your homeowner’s insurance policy will not cover flood damage to your home or property. Only flood insurance will cover losses in the event of a flood.
Our professionals at Preferred Insurance will help you review your risk and if flood insurance is right for you and your family.