Ever-changing weather patterns, along with over-development and the leveling of forests, have reduced the land’s natural ability to absorb water. And the results are costly – including a flood risk for many, even those who don’t live near the water!
During a 30-year mortgage, your home has a 26 percent chance of experiencing a flood compared to only a 4 percent chance of a fire. Between 20 and 25 percent of flood insurance claims come from a medium or low flood-risk area, and the sad truth is that the damage left behind is not insured.
Fortunately, many communities in the United States participate in the National Flood Insurance Program (NFIP). Chances are excellent that flood insurance will be available to protect your home or business and its contents.
You can learn more about flood insurance from an experienced Endline/Pike agent. It is an affordable alternative to the costs of cleanup and chaos that the next disaster is waiting to bring.
Curious to see your flood risk? Visit fema.gov to learn more about the National Flood Insurance Program.