Flooding is the United States #1 natural hazard. The National Flood Insurance Program wants consumers to know that while homeowners insurance won’t cover them against flooding, they can protect their home and property by purchasing a flood insurance policy separately through their local insurance agent.
Many people are under the misconception that they are ineligible for flood insurance because of where they live or their mortgage status. But the truth is, as long as your hometown is an NFIP community, most homeowners, business owners and renters can get flood insurance. Aloha Insurance urges you to remember the flood insurance basics:
- You CAN get flood insurance nationwide.
- You CAN get flood insurance if you live in a floodplain or high-flood risk area.
- You CAN get flood insurance if you live outside a floodplain, or a low- to moderate-flood risk area, and at lower cost.
- You CAN get flood insurance if your property has been flooded before.
- You CAN get flood insurance from your Aloha Insurance agent.
- You CAN buy flood insurance even if your mortgage broker doesn’t require it.
Armed with the proper information about your flood risk and protection options, you can make more informed decisions to protect your financial investments.