We don’t think about it much but, flooding is the most costly natural disaster every year for homeowners. It's also one of the most difficult to prevent or even predict. That’s why flood insurance is so important for all homeowners.
You don’t have to live in a flood zone to be susceptible to the ravages water can do to your home. The recent floods prove it’s not just homes on the ocean or near rivers that suffer from expensive flood costs. Here are some of the top causes of flooding:
According to the National Flood Insurance Program, just 2 inches of water can cause over $10,000 of damage. The average claim from a flood is over $30,000! As a homeowner, you can protect yourself from these costs using a reasonable NY flood insurance policy.
NY flood insurance, you may think, is first and foremost meant for people who live near rivers or creeks, or on the coast. (And, oddly enough, those who live in these areas often believe that they don't qualify for New York flood insurance because of the high risk factor.) Neither is true.
Floods are the most common and costly natural disaster. And contrary to common belief, flooding is not restricted to hurricane-prone areas or large bodies of water, in fact, about 25%of all flood-related claims come from low to moderate risk areas.
A "flood" is defined as a general and temporary condition of partial or complete inundation of normally dry land areas from:
The overflow of inland or tidal waters.The unusual and rapid accumulation or runoff of surface waters.Mudflows caused by flooding.
Floods can happen in the desert, during snow melt, in developed areas or anywhere the ground is hard and does not absorb excess water. Erosion or inadequate drainage can also lead to floods or mudslides.
Flooding damages the foundation, structure, walls, floors and furniture of your home and none of this damage is covered by your homeowner's policy! Federal disaster assistance, which is really a low-interest loan, is only available if the flooded area is declared a natural disaster, and most floods aren't.
Flood insurance can protect you. It will cover direct physical losses and damage to the building itself, and is intended to get you back on your feet, and into your house, as soon as possible. It covers losses due to flood, flood-related erosion, excessive waters accompanied by a severe storm flash flood, abnormal tidal surge, tsunamis, and mudflows due to flooding.
Farmingdale flood insurance is available for virtually everyone: homeowners, renters, houses, manufactured homes, condos, apartments, and commercial buildings, even in a floodplain. The only caveats are:
For 50 years, residents in Farmingdale and throughout Long Island have enjoyed unmatched New York flood insurance options from Brooks-Waterburn Corp. With one of our expert agents, you can create a flood insurance plan that gives you exactly what you need at a reasonable price.
Upgrade your Farmingdale flood insurance with Brooks-Waterburn Corp. today! Just call, visit our office, or fill out the form on this page right now for a free quote!